Gold is still failing to decide on the lower TF
I have had XAUUSD on my watchlist for 3weeks, it is still failing to make a full healthy correction to the downside before heading to the moon.
Technically, we are looking for weekly correction of gold and finding support at 2580 to 2565 region. Then I can be certain that gold is going to take a big push upside.
But realistically, the market is choppy at this time owning largly to the festivities of year of the year. So far, the market is giving a Bullish vibe in a bearish body.
In conclusion, I say 'We remain reactive to the market and predictive.
NFA .DYOR
Technically, we are looking for weekly correction of gold and finding support at 2580 to 2565 region. Then I can be certain that gold is going to take a big push upside.
But realistically, the market is choppy at this time owning largly to the festivities of year of the year. So far, the market is giving a Bullish vibe in a bearish body.
In conclusion, I say 'We remain reactive to the market and predictive.
NFA .DYOR
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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.