During last week’s session, gold remained above 1900 levels, which means gold will continue its bullish journey strongly and proof of that is the support candle by buyers reached to the lowest price of 1,882 which enabled the buyers to enter the market with great confidence that gold this week will achieve gains to 1,950 levels.
Through the technical analysis of the gold chart, we expect during the upcoming week that the gold will reach new high levels, but there will be resistance at the price of $1,950 so first stop will be at price of 1,929 and then the journey will continuo to our final target.
I wish good luck to everyone..
XAUUSD
Through the technical analysis of the gold chart, we expect during the upcoming week that the gold will reach new high levels, but there will be resistance at the price of $1,950 so first stop will be at price of 1,929 and then the journey will continuo to our final target.
I wish good luck to everyone..
XAUUSD