Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
As I said last weeks since March 21...after 4 months in which all my analyzes about GOLD were almost perfect ... this time I will look for my final target ... 1920! if this target is exceeded even for 1 day ... then I will go further towards 1957! THIS WEEEK...after 4 months in which all my analyzes about GOLD were almost perfect, GOLD arrived in the 1920 area as...
Gold prices has reached important resistance levels, now chances are high that it may pause here for a while, and consolidate for few weeks, to get ready for another spectacular up move. My Longer term view is still very bullish on the gold. However prices do balance with time, so it will be opportunity to accumulate on any dip that may come in the gold..