Earlier on last week, Gold moved to the downside upon reaching the resistance level.
However, the move was quickly recovered and ended the week with a small green candle. This small bodied candle may indicate the start of market indecision especially since the momentum for Gold has been high throughout the seasonally strong months.
Gold may be on track to 1960 region if the bulls continue to take control.
However, the move was quickly recovered and ended the week with a small green candle. This small bodied candle may indicate the start of market indecision especially since the momentum for Gold has been high throughout the seasonally strong months.
Gold may be on track to 1960 region if the bulls continue to take control.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.