I see Bearish on Gold and sort term bullish to reach liquidity zone
CAD CHF LOOKING FOR LONG POSITIONS CAD CHF..n ushuashuashusahusahusauhsa
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short on gold .........................................................................................
This is my setup for the next week if we get some nice volatility in the markets, and I'm looking for a buying opportunity at 1783.00 to take advantage of this bullish move last week.
The battle around 1.3850, where the 50-day SMA hits the price, continues. Looking up, the next substantial resistance line is 1.40, which is of psychological significance and also capped the pair during March. Further above, 1.4140 and the 2021 peak of 1.4240 come into play.
I"ll wait for the pullback and see the reaction off gold