Gold has been rising for the past four weeks. For the past three weeks, price is rising 4.74%, 2.66% and 2.23%. It is showing sign of exhausting. However, as long as weekly is not closed in red bar, bulls still not loses its control yet and bears need more power to take over.
As such, next week should be critical for bears. I am expecting price to rise to 3730-3758 zone first and drop from there.
Let's see how the market plays out next week.
As such, next week should be critical for bears. I am expecting price to rise to 3730-3758 zone first and drop from there.
Let's see how the market plays out next week.
I have started trader's account in Roboforex.
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I have started trader's account in Roboforex.
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.