WEEKLY ANALYSIS OF GOLD
So the price turn back to a bearish trend just like 3 weeks before,
SELL AREA I is 1284.00
SELL AREA II is 1227.73
SELL AREA III is 1271.46
and SELL AREA IV is 1267.58
,The price will moves around that area and possibilities to make an order between that area.
If the price breaks up the Resistence at SELL AREA I so maybe it will back to its bullish trend and wait for another candlesticks confirmation.
If the price breaks down the support at 1267.58 so it will continues it rally, just hold the sell position.
CHEERS !
SELL AREA I is 1284.00
SELL AREA II is 1227.73
SELL AREA III is 1271.46
and SELL AREA IV is 1267.58
,The price will moves around that area and possibilities to make an order between that area.
If the price breaks up the Resistence at SELL AREA I so maybe it will back to its bullish trend and wait for another candlesticks confirmation.
If the price breaks down the support at 1267.58 so it will continues it rally, just hold the sell position.
CHEERS !
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