Due to the fall in the Dollar Index, we can see Gold going upto the 1680 area
Gold must complete its retracement till 1896 area and it will drop from there after market imbalance filled. This is mainly due to strengthening of dollar index after Friday's NFP data so we can catch a big sell move again in this month.
NASDAQ- We are yet to have another big bullish momentum, however, price needs to drop a bit in order for it to bounce for the last move. Longer term view is bearish as the fear of recession in US rising every day. Upcoming months will affect how Nas100 perform for current year.
Gold is going higher again. The price set a new higher high and higher close on the weekly and daily, violating key structure resistance. Bullish continuation to follow!
Gold Ascending Triangle Formation The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that...
Gold Trend for December. Must break the key resistance and supply zone for it to go up!