Gold still trading in the upward channel.
I expect this to continue until mid week.
Previous analysis didn't allow for sideways movement of gold and was a day out. (One day later than anticipated)
I've factored this into my analysis this time.
CAUTION:- This is an Idea and not a recommendation to see if my analysis is improving.
Gold to break out of this upward channel and trend downward until Friday when I expect it to move/recover some lost ground.
Full Moon this week so this will have an effect on price.
Still working on skill set to refine my analysis.
New indicator suggests GOLD has been over bought as was seen this week with Hi price $$$. Surprised many.
Too many LINES. . ....
NOOBS 2nd POST.
Expect gold to go up at start of the week but retrace and finish lower by end of trade on Friday.
As I’m a NOOB I wanT to see if my analysis becomes truth.
This is an idea and not a recommendation.