The gold is ripe for an upward move. The price action of gold tested the support of 1815 throughout the week with resistance at 1845 and 1855. My idea is that the fundamentals of gold have gone strong. The supply is getting cut off . the yellow metal will try to break the resistance of 1855 as soon as the market opens. My idea is to take entry below 1830 with a second layer at 1815. My targets for intraweek will be 1855 and 1875.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.