GOLD had a nice spike low last week and is looking to move higher.
On the close Friday we completed the 3 Drive and also a nice Gartley pattern into the 61.8% area where we a re expecting a bounce especially if this is going to be bullish.
We need to stay above 1920 on the short term for this to be bullish, any drop 1900 would see a possible move a lot lower.
AI has the GOLD trending higher for the day and we have just retraced into the 50-61.8% area from Fridays low and todays high.
I hope this helps.
Enjoy the day!! 👍👍
On the close Friday we completed the 3 Drive and also a nice Gartley pattern into the 61.8% area where we a re expecting a bounce especially if this is going to be bullish.
We need to stay above 1920 on the short term for this to be bullish, any drop 1900 would see a possible move a lot lower.
AI has the GOLD trending higher for the day and we have just retraced into the 50-61.8% area from Fridays low and todays high.
I hope this helps.
Enjoy the day!! 👍👍
Comment:
We might get one more low before the rally. Below this area and we could be looking at lower prices again..
We might get one more low before the rally. Below this area and we could be looking at lower prices again..
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
Targets if we can hold these lows.