fawazar89

fawazar89

buy was always choice made since it didn't break low to fill open gap

fawazar89

gold to dip by next week based on analysis

fawazar89

retested the previous support

fawazar89

XAU/USD consolidates the recent gains while trading above $1700 per troy ounce and the main SMAs on the four-hour chart. The market is nearing the 1740 resistance. A break above the mentioned level can lead to more up towards the 1780/1800 price zone. Occasional pullbacks should find support near the 1690/1700 price zone and the 1660 level.

fawazar89

Gold prices register another pullback from the key $1,752/54 horizontal resistance while taking rounds to $1,747.50 during Thursday’s Asian session. That said, sellers are likely targeting $1,740 as immediate support during the further declines. However, the weekly low and 200-HMA around $1,726/25.50 might challenge additional weaknesses. Should the precious metal...

fawazar89

Silver has seen in harmonic pattern where it can be further short. trade according to risk management