more weakness in Gold Next week
Updated
Gold has seen a falling knife this week . we managed to reach the expected level.
next week dollar may see a slight weakness resulting into a PB but later in the week dollar will gain more strength. therefore we shall see a PB to (OB) int the chart of gold followed by sharp downward move to below 1900.
next week dollar may see a slight weakness resulting into a PB but later in the week dollar will gain more strength. therefore we shall see a PB to (OB) int the chart of gold followed by sharp downward move to below 1900.
Trade active
we have reached the waited level. my entry was after I saw the bearish Engulfing pattern.Trade closed: target reached
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