BIASED TO LONG but aware of shorting possibility. Looking on the daily chart we can see trend lines
being hit and followed. But we may see a breakout as gold passes a key resistant level turning to a possible support. This may help push gold out of the downtrend and confirm a good bullish trend. Daily fib drawn which also confirms this. I’m biased to the upside for buy but mindful of a pullback to 1775-1818 is very possible. This week will be interesting.
being hit and followed. But we may see a breakout as gold passes a key resistant level turning to a possible support. This may help push gold out of the downtrend and confirm a good bullish trend. Daily fib drawn which also confirms this. I’m biased to the upside for buy but mindful of a pullback to 1775-1818 is very possible. This week will be interesting.