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MitchToni9
May 16, 2020 9:19 PM

Gold To Retest.  

Gold / U.S. DollarFOREX.com

Description

Given the indication of the last candle before the week close there is possibility for price to move down before going up. What I Would like to see from Gold to confirm further buying power is to retest the 1730 level, possibly break through the liquidiy built there and fill into the Imbalance below it and retest the price area through the imbalance. Next week the amount of news on the dollar will impact price.

This can also be another Downtrend idea, will explained in another post.
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