Gold turned into sell side , last week and this came after the US economic data published. It was positive data for the us economy and this turned the dollar index into positive trend and this make the the gold goes into sell side .
however, next week there will be a very sensitive data which could turn the table into opposite direction and could intensify the trend into more negative for the gold, so we need to watch it carefully .
technically, the gold level 1737 - 1750 is a strong levels so if the gold break it below then sell will continue till 1680, and if break it above then will go to 1780.
however, next week there will be a very sensitive data which could turn the table into opposite direction and could intensify the trend into more negative for the gold, so we need to watch it carefully .
technically, the gold level 1737 - 1750 is a strong levels so if the gold break it below then sell will continue till 1680, and if break it above then will go to 1780.