Gold Spot / U.S. Dollar
Updated

Short term Gold is in a pattern

115
This isn't a price forecast, I'm just pointing our the seen daily candle pattern. I'd say bearish as a continuation, but that'll become evident soon....I think next week.
Note
Gold went bull overnight, but it's not known if we'll get a 3ema & 10 ema cross. Risky here.
Note
I'm a bit more bullish looking at the weekly chart. Short term I think a bounce reaching 1240-50. After that, It'll need to find a path up or down.

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.