Last friday Candle is a rejection on 2000$, price reach 1993.
THis week I have 2 options, wether the price goes above 2000$
or we see the below,
The price reacts 1810$ because of the Monthly candle, but monthly candle didnt break, so my assumptions on this is Bullish, We might test the 1955 zone first if price reacts,
Or we might test the Previous Low on 1930 zone.
See chart below.
Follow for more Weekly updates on GOLD.
For day trading come and check me out for scalping.
Trade always at your own risk. This is not a financial advice.
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.