Gold - in accumulation
On the intraday chart, Gold has spent most of the last 2 trading weeks within an accumulation pattern.
For the coming week considering Gold to stay within Range - resistance coming at 2675 and the support at the unmitigated Bullish FVG 2630.
With price above the 200 MAV, the bias is to the long side and retracements to the 0 - 0.25 level of this range offer buying opportunity.
For the coming week considering Gold to stay within Range - resistance coming at 2675 and the support at the unmitigated Bullish FVG 2630.
With price above the 200 MAV, the bias is to the long side and retracements to the 0 - 0.25 level of this range offer buying opportunity.
Note
Price is following the arrows.... sweetTrade closed: target reached
Done
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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.