Gold next move anyzlize by (Forex Worriers Academy )

Now the candition we can see in weekly chart gold break his previous supoort now its posssible gold will restest the area between 1680-1700 if its happen so we need to open sell positions in this area and use stopp loss below 1710 - but if gold break our trend line and close above trendlline so we need to focus on buy from 1720 use stopp loss of 1680 and taret around 1800-1850-1900-1950-2000 upon on your risk - But currently you can also see here a pattern of double top in weekly chart so mostly i expect gold will come to 1500 area IN SHA ALLAH then in this area it will goes to moon like booooom boooom rocket

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.