Weekly bullish engulfing Vs nice daily resistance
Gold has just put a pretty strong bullish engulfing on weekly chart that could push price higher for a while.
Anyway, on daily chart gold is approaching a nice area of resistance.
Let's wait and see how price will behave in that area: having rencently broken support, short side is still preferred.
Anyway, on daily chart gold is approaching a nice area of resistance.
Let's wait and see how price will behave in that area: having rencently broken support, short side is still preferred.
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