Gold on Weekly Lookout

Divergence already formed caused the price to go up. Look for buy opportunity if you see bull div
next week candle should not close below 1770, else we see it break down below
0.88 1687
0.786 1690
0.618 1678
0.5 1728
0.382 1744
if breaking down bearish and if 1 big wave up is to be corrected - prices for correction
0.88 1792
0.786 1622
0.618 1515
0.5 1363
0.382 1278
Trade at your own risk!
next week candle should not close below 1770, else we see it break down below
0.88 1687
0.786 1690
0.618 1678
0.5 1728
0.382 1744
if breaking down bearish and if 1 big wave up is to be corrected - prices for correction
0.88 1792
0.786 1622
0.618 1515
0.5 1363
0.382 1278
Trade at your own risk!
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.
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.