- On the Intraday time frames we can see the Gold is holding Bullish Market Structure
- Gold peaked Intraday highs at 1795 KL, profit taking by buyers - price entered a nasty range and descending channel
- Poor retail sales had an opposite effect on DXY which was bullish effect and neutral effect on Gold
- Even tho we are having short term market fear develop Gold is in a ranging failing to break into new intraday highs an failing to break 1772.500 KL which is a key decision level
if anyone has anything to add pls do so
- Gold peaked Intraday highs at 1795 KL, profit taking by buyers - price entered a nasty range and descending channel
- Poor retail sales had an opposite effect on DXY which was bullish effect and neutral effect on Gold
- Even tho we are having short term market fear develop Gold is in a ranging failing to break into new intraday highs an failing to break 1772.500 KL which is a key decision level
if anyone has anything to add pls do so
