GOLD: CORRECTION OR REVERSAL?
Gold has been bullish, and might be experiencing a correction. Even though there was huge selling pressure to close the week, it is too early to call it a reversal. Previous weekly low is anticipated as the draw on liquidity.
Price might give a chance to join the mini downtrend at the 45 minutes breaker or at the 15 minutes base.
However, we will see how price develops come Monday.
Price might give a chance to join the mini downtrend at the 45 minutes breaker or at the 15 minutes base.
However, we will see how price develops come Monday.
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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.