GOLD what we can expect after NFP.
GOLD UPDATE:
NFP has pushed the price back up from the retracement we got yesterday.
Although we are bullish on the HIGHER TIME FRAMES you will notice that we are moving up within an ascending channel,
and within the ascending channel, you will notice that we have broken below a smaller ascending channel.
It's possible that we will get a rejection between 1893-1898 in which case we can expect a temporary pullback.
If we close above 1910 this will indicate that bullish momentum is really strong and Gold will continue targetting the higher levels.
Please view our previous analysis.
NFP has pushed the price back up from the retracement we got yesterday.
Although we are bullish on the HIGHER TIME FRAMES you will notice that we are moving up within an ascending channel,
and within the ascending channel, you will notice that we have broken below a smaller ascending channel.
It's possible that we will get a rejection between 1893-1898 in which case we can expect a temporary pullback.
If we close above 1910 this will indicate that bullish momentum is really strong and Gold will continue targetting the higher levels.
Please view our previous analysis.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.