Last week was important for the Gold price as the weekly candle closed pretty bullish and confirmed 1670 $ area as strong support (I will post a screenshot of the weekly chart in the update section). A retest of 1670 $ is very unlikely to happen. We expect strong up movement for the next weeks and spotted two nice buy in possibilities. Please take a look into the chart.
Feel free to leave a comment or to share your ideas in the comments section Please hit the like button if you share or like this idea. Follow us and stay up to date/don't miss any new ideas Thanks for your support !
Note
1 week chart for proof of bullish weekly candle close
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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.