Gold is moving in a range,upside seems possible but also here it entered in overbought category.
Trump tarrif policy affect will boost it but if market breaks this range,downside will starts.
Let's be honst here,market is in nowhere zone and its near at resistance $2965 while downside is open to fall anywhere.
If this week candles closed above $2965-70,we might enter in another bull cycle.so be ready for any further move.
Trump tarrif policy affect will boost it but if market breaks this range,downside will starts.
Let's be honst here,market is in nowhere zone and its near at resistance $2965 while downside is open to fall anywhere.
If this week candles closed above $2965-70,we might enter in another bull cycle.so be ready for any further move.
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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.