After breaking away from the trendline, gold
has attempted the high at 1739 & got rejected before bouncing again at 78.6% fib level from 1661 low. For coming trading week, the metal may continue to range until there is a possible breakdown or breakout scenario. Overall, the weekly & monthly gold
outlook is still very bullish
with a pullback potential to its mean value on the lower timeframe.
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades