Gold fabricate Buying Pressure
Gold is on killing spree towards sell since January 8 as almost 5 attempts t0 break $2038 - $2042 cluster on resistances AS now we have 2 options for todays session.
1- if the $2042 break properly then next targets will be $2052,$2060.
2- if again it retraced back as clearly in D1 timeframe next bearish cycle remains valid and our targets will be $1982 for medium term targets.
our targets $2020
$2010
$2000
1- if the $2042 break properly then next targets will be $2052,$2060.
2- if again it retraced back as clearly in D1 timeframe next bearish cycle remains valid and our targets will be $1982 for medium term targets.
our targets $2020
$2010
$2000
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