This are my predictions about gold next week. Wait at the zones and trade with proper confirmations.
Expect gold to rise if you liked this idea or have your opinion on it, write in the comments
Esperemos retroceso en el nivel 38,2 del fibo + confimaciones para entrar en ventas, o que de lo contrario continue bajando hasta romper la zona de demanda del 1.17000 haga pullback, confirmacion y nos fuimos. Bendiciones para todos, que sea una semana llena de pips y aprendizaje que es lo mas importante.
I am looking for a pull back to the 1987.200 area and a continuation of going up. Gold has been making historical highs lately and as of now I don't see that stop. I am still overall bullish on this pair unless the market tells me otherwise.
Hello friends I am Iranian I can not speak English well I apologize for this Gold could not rise after the formation of the flag pattern Then Now we see it has become a rectangular pattern If the resistance line breaks in 1814, it can rise to 1929 That is, up to the middle line
it can Decrease to 1796 & 1805 and it can reach to 1835 & 1840 in short time
gold showing its coulours as the safe haven just not as most wanted, I am seeing some downside projection, but its more correction on its touch of 1742 so many times, now the required pull bk to grenerate the momentum forward to force gold through 1742 to the 1800margin is being seen
Red lines are high resistance yellow lines are lo w resistance bluebox is high support
Gold is looking really bearish right now I would personally stay away from any long positions but I am looking at gold to drop to 1575$.