Gold- 1900 Next week?
As I expected, last week was a strong bullish week for Gold with the price rising 500 pips, but most importantly, breaking above very important confluence resistance at 1830.
On Friday bulls proved once again their strength and after an intraday correction under 1850, totally took control and drove the price to 1865 on closing giving us also a great bullish weekly candle.
I don't expect much of the correction from this point and my eyes are looking to 1900 resistance which is also the parget for my existing trade.
For Gold to remain bullish price should not drop under 1830 and buy dips is the strategy that i recomand
On Friday bulls proved once again their strength and after an intraday correction under 1850, totally took control and drove the price to 1865 on closing giving us also a great bullish weekly candle.
I don't expect much of the correction from this point and my eyes are looking to 1900 resistance which is also the parget for my existing trade.
For Gold to remain bullish price should not drop under 1830 and buy dips is the strategy that i recomand
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