Gold has been bullish for quite a few months. And past week also finished with a bullish candle. I am still bullish on it next week.
However, in smaller timeframes, there are some short term bearish signals. Therefore, I would expect at the beginning of next week, gold will drop first and pick up the buying momentum at later stage of the week.
I have drawn the weekly trendline. Gold may drop to the trendline and rise from there.
Let's see smaller timeframe price actions for better decision next week. Stage tune for my daily intraday analysis.
However, in smaller timeframes, there are some short term bearish signals. Therefore, I would expect at the beginning of next week, gold will drop first and pick up the buying momentum at later stage of the week.
I have drawn the weekly trendline. Gold may drop to the trendline and rise from there.
Let's see smaller timeframe price actions for better decision next week. Stage tune for my daily intraday analysis.
I have started trader's account in Roboforex.
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
I have started trader's account in Roboforex.
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
