Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: As we can see here price is forming a triangle with lower lows which means sellers trying to push price lower. I expect upcoming week to see a breakout and downside move to imbalance around 2100 price level.
Fundamental news: Upcoming week we have news with high impact on USD, we will see results of Interest Rate, followed by FOMC Press Conference.
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‼️ This is my perspective on GOLD.
Technical analysis: As we can see here price is forming a triangle with lower lows which means sellers trying to push price lower. I expect upcoming week to see a breakout and downside move to imbalance around 2100 price level.
Fundamental news: Upcoming week we have news with high impact on USD, we will see results of Interest Rate, followed by FOMC Press Conference.
Like, comment and subscribe to be in touch with my content!
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Contact me for any questions.
