Analysis of #GOLD
I got many requests from members and followers to do analysis for gold, you can message me here your request too.
the XAUUSD tested its weekly support zone and showed a bullish reaction as expected, still, the move is not convincing a lot of buyers to get in and buy gold, and I am favoring selling strength in this market as I have a fundamental belief that gold should be lower than thee levels.
however, if the market retests the lows near 1680 we can look for a small buy entry at the lower time frame to retest 1700-1720, and not more than that
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
I got many requests from members and followers to do analysis for gold, you can message me here your request too.
the XAUUSD tested its weekly support zone and showed a bullish reaction as expected, still, the move is not convincing a lot of buyers to get in and buy gold, and I am favoring selling strength in this market as I have a fundamental belief that gold should be lower than thee levels.
however, if the market retests the lows near 1680 we can look for a small buy entry at the lower time frame to retest 1700-1720, and not more than that
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
