Gold Futures Statistics
GOLD 3YR RANGE: Bullish
NET POSITION TREND: 53%
LONG CHANGE: -2856
SHORT CHANGE: 16392
NET POSITION: 168,399
XAUUSD: Bullish
NS3 (PA): NT
Happy weekend, dear traders. Check out the forecast for XAU/USD for the week ahead. If you have any questions or concerns, please give me your feedback below. Using NS3 (PA), Monday's current price is within Northern Territory. A possible rejection zone, as shown above, could hold. Compared to last week, XAU hold with 60% on the long side and also gained 26% on the short side. With a 6-week Change in Strength Index of -5.9. I will add XAU/USD to my watchlist if price reacts only in the area of the rejection zone.
GOLD 3YR RANGE: Bullish
NET POSITION TREND: 53%
LONG CHANGE: -2856
SHORT CHANGE: 16392
NET POSITION: 168,399
XAUUSD: Bullish
NS3 (PA): NT
Happy weekend, dear traders. Check out the forecast for XAU/USD for the week ahead. If you have any questions or concerns, please give me your feedback below. Using NS3 (PA), Monday's current price is within Northern Territory. A possible rejection zone, as shown above, could hold. Compared to last week, XAU hold with 60% on the long side and also gained 26% on the short side. With a 6-week Change in Strength Index of -5.9. I will add XAU/USD to my watchlist if price reacts only in the area of the rejection zone.