OACAPITALs

INDECISIVE MARKET!!! Analysis of Gold Price Chart

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
With upcoming news from the US markets regarding non-farm payroll and price in the golden ratio zone, the gold chart candles have been indecisive, leaving with two outcomes of either a break of key resistance to form a bullish pattern or a retest of resistance for the continuation to downwards toward the 1800- 1780 price range...


P.S.
THIS VIDEO IS FOR EDUCATIONAL PURPOSES ONLY AND NOT TO BE TAKEN AS AN INVESTMENT ADVICE...

thanks for watching... leave your comments, like and other suggestions of charts you would like to see on the analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.