Hello,
This week, my video is going to be on gold and what the future of it looks like from a technical aspect. We have had strong bullish moves over the past few weeks and are now at a weekly supply zone. Prior to this, gold's monthly and weekly demand zones have been well-respected, with higher highs and higher lows being made. This signals to us that gold may continue its move up. At the same time, throughout this entire period, price has been respecting the key monthly supply zone that is holding gold from going above the 1400 region. The rest of my analysis is explained in the video, so I hope you like it.
This week, my video is going to be on gold and what the future of it looks like from a technical aspect. We have had strong bullish moves over the past few weeks and are now at a weekly supply zone. Prior to this, gold's monthly and weekly demand zones have been well-respected, with higher highs and higher lows being made. This signals to us that gold may continue its move up. At the same time, throughout this entire period, price has been respecting the key monthly supply zone that is holding gold from going above the 1400 region. The rest of my analysis is explained in the video, so I hope you like it.