financialflagship

GOLD (XAU/USD) – Week 19 – Targeting the trendline.

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
In our previous outlook, we correctly forecasted that Gold will continue to rise.
For this week, we are expecting a corrective price drop towards the “small block” that could be the trigger for further bullish momentum. The price is expected to rise towards the Daily Trendline highlighted on our chart.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.


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