Price have been ping ponging between strong support/resistance @1.24500 & 1.23000 this past week but formed a new higher low based on daily time frame. Huge bullish engulfing candles have been forming on the way up indicating buyers in the market... not too much sellers based on the size of bearish candles & structure.
If price decides to push up and break...
for this week I'm actually still confused about the movement of gold, but after I saw it from a larger timeframe, I saw a divergence, but if we minimize it actually gold also has the potential to go down, so ? looks like this week will use a sideway market strategy for the gold market
