Good afternoon traders!
From my perspective I am seeing a bearish reversal in Gold from previous resistance zone near price 2050, with a full bearish engulfing candle. Also, I am seeing price for a Head and shoulders pattern with a continuation to support level 1880. With so many different fluctuations in the market due to news and what is happening with Ukraine and Russia the market can be a bit unpredictable, buttttt in times of uncertainty Gold can be a safe haven for traders to buy.
Stay tuned next week to see what price wants to do!
- Janisha Holmes
From my perspective I am seeing a bearish reversal in Gold from previous resistance zone near price 2050, with a full bearish engulfing candle. Also, I am seeing price for a Head and shoulders pattern with a continuation to support level 1880. With so many different fluctuations in the market due to news and what is happening with Ukraine and Russia the market can be a bit unpredictable, buttttt in times of uncertainty Gold can be a safe haven for traders to buy.
Stay tuned next week to see what price wants to do!
- Janisha Holmes
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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.