Weekly Price Action of Gold - A Rise, Fall and a Rally to 1900's
Gold will retest the 1830s resistance mainly due to growing delta variant's concerns.
Later in the week, FOMC's minutes and other significant data will cause a drastic drop to 1760's area.
A rejection from 1760's will lead Gold all the way to 1900's in coming weeks.
Advise: Please avoid taking short positions below 1782 area.
Later in the week, FOMC's minutes and other significant data will cause a drastic drop to 1760's area.
A rejection from 1760's will lead Gold all the way to 1900's in coming weeks.
Advise: Please avoid taking short positions below 1782 area.