FUNTRADER-Vera

0611 WklyOutlook GOLD will test 1900 before 2022?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

A rough week for GOLD just finished with NFP.
Now price action of GOLD give us the signal that it found weekly support and rally up to test 1830 in next week.


With a bullish W bottom that double test weeekly support level 0 ,and retest higher low , weekly support level 1,
Gold is very possible to continue rise up to test higher high, 1900, in few weeks. This is possible to finish beofre 2022.

GOOD LUCK ON PLANNING TO BUY ON THIS COMMODITY.
LESS IS MORE!

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