Here you see whats known as Price Action - where Price gives repeated patterns known as levels also know as either an Interday Trend or an Intraday Trend. Interday Trend meaning Price gives 3 levels up or down within 3 days of movement. Intraday Trend meaning Price gives 3 levels/pushes within 24hours of movement.
So for this upcoming week I believe Gold will continue pushing down towards 1429 price area - keep in mind price may gap up when the market opens up
So for this upcoming week I believe Gold will continue pushing down towards 1429 price area - keep in mind price may gap up when the market opens up
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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.