Hello everyone



Last week, I mentioned that gold would start going down from the zone of $2037-$2042. It actually did reach that sell zone and went down to around $2008, which was pretty close to my target of $2004.

This week I expected some movement from gold after two months of no action. if gold closes the 1H candle above $2036, it could go up to the zone of $2046-$2055. And if those zones break with a 4H candle, we might see gold reach $2077. If gold gets sell confirmation In the zone of $2049-$2055 it would start falling to $1977, it's also very likely to start falling to $1940. Just wanted to clarify, that this is my analysis, please don't risk it, I hope it turns out to be a profitable week for you

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.