Weekly Analysis.. Gold really ready to rally again?

2360 is going to be the zone..
If respected, Possibly 2480 2530 open up

If Broken, Possibly 2300 2250 Open Up..

Rest of the analysis on daily basis

Commentaire:

Book the shorts here in 2030 zone..
Atleast 50%

Commentaire:

Pardon typing error
2330*

Commentaire:

2300 done

Commentaire:

Keep watch around 2280 zone

Commentaire:

Unless gold trades above 2315,
2280 zone remains in play.

Above 2315, accept 2300 as being respected.

Commentaire:

Again 2360 to act as resistance.

Will be the decisive zone.

Bears will cover above it only

Commentaire:

Importance of 2315 still as much..

Above 2315, 2360 zone could be tested
Below 2315, 2280 2265 zone could be tested

Commentaire:

2340
2310

Trending move on either side break.

2380
2280

More likely on Downside.

Commentaire:

*2360 / 2380

Commentaire:

was in dual state of mind..

Downside didn't capitalise..

Commentaire:

Learning for me 😌

Commentaire:

2330 Value area for Buy

Commentaire:

2330 is going to be the zone

If respected, 2360 2380 2400 possible

If broken, then 2315 2280 possible

Commentaire:

With higher for longer narrative

More BEARISHNESS to prevail.

Downside bias as of now

Commentaire:

Support taken around 2330..

Commentaire:

Weekly closing will matter a lot.. anything below 2330, consider more bearishness in coming week