Hello traders,
Check out last weekly outlook of Gold first.
Still, Gold is running beneath the weekly trend line but a small bullish body candlestick.
It is saying that gold is still struggling in a small range.
Down to the weekly support could help making a retest of the support level. And more possible for gold to break through the squeezing triangle to make a new weekly leg (could up or down)
So when we check on lower timeframe chart, we should keep this in our mind. Sell high and check support for buying signal.
GOOD LUCK ON THIS WEEKLY CHART.
LESS IS MORE!
Check out last weekly outlook of Gold first.
It is saying that gold is still struggling in a small range.
Down to the weekly support could help making a retest of the support level. And more possible for gold to break through the squeezing triangle to make a new weekly leg (could up or down)
So when we check on lower timeframe chart, we should keep this in our mind. Sell high and check support for buying signal.
GOOD LUCK ON THIS WEEKLY CHART.
LESS IS MORE!
