GOLD ANALYSIS: SHORT
This week is filled with High Impact News:
1) RBA Meeting Minutes
2) PBOC Interest Rate Decision
3) BOJ Monetary Policy Meeting Minutes
4) ECB Deposit Decision/ Interest Rate Decision
5) USD Initial Jobless Claims
All factors play a huge impact on the volatility of the market, and hence expecting a big move on Gold via Technicals and Fundamentals.
After a week of Impulsive Move followed by a Correction, this may look like a Continuation with regards to the Evening Star Pattern of the Daily.
Eyes on the break of the compression, once it's confirm, we may look on the downside of 1790 and 1780.
A strong move may result in price moving towards the Demand Zone as drawn.
1) RBA Meeting Minutes
2) PBOC Interest Rate Decision
3) BOJ Monetary Policy Meeting Minutes
4) ECB Deposit Decision/ Interest Rate Decision
5) USD Initial Jobless Claims
All factors play a huge impact on the volatility of the market, and hence expecting a big move on Gold via Technicals and Fundamentals.
After a week of Impulsive Move followed by a Correction, this may look like a Continuation with regards to the Evening Star Pattern of the Daily.
Eyes on the break of the compression, once it's confirm, we may look on the downside of 1790 and 1780.
A strong move may result in price moving towards the Demand Zone as drawn.
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