back towards mentioned targets.
(Check previous analysis).
We're gonna hit by T.A and F.A both in coming
month. It's possible that gold might take a dip
but rising cases in COVID-19 should be kept in
mind as well.
Symmetric Channel Broken
Another minor Weekly rejection.
M.As are still encouraging BEARS but
Weekly M.A needs to be broken for
proper BEAR RUN.
Price is looking for retracement till
We can expect a major fall if and only if
Price respects 1840-1850 zone and holds
below that till end of coming week.
We can have target 1700-1750 atleast then
It could just be an another FALSE BREAKOUT.
Wait till next friday for further confirmation.