From the Price Action it is clear that after breakout gold re tested this trendline and now looking good .Also on DXY we can see double top which can help gold bulls. So for this week if gold hold on 1750 then we can see 1800 again soon.
Today's Outlook:📝
Weekly candle : Bearish
Day Candle: Bullish
Trend : Down
Major News USD : Jobless Claims 🔔
Intraday support as per OI: 1750
Intraday Resistance as per OI : 1775
Price Action Support :1745| Resistance 1760
CPR : Narrow( Ascending)
DJI : + 0.18 %
DXY : +0.06 %
OI : Descending (Last Day)
COT : Downtrend ( MM-Last Week)
Daily COMEX Vault status : Deposit day 4
POC: Uptrend (Previous day )
DXY Last day candle :Indecisive
Today's Outlook:📝
Weekly candle : Bearish
Day Candle: Bullish
Trend : Down
Major News USD : Jobless Claims 🔔
Intraday support as per OI: 1750
Intraday Resistance as per OI : 1775
Price Action Support :1745| Resistance 1760
CPR : Narrow( Ascending)
DJI : + 0.18 %
DXY : +0.06 %
OI : Descending (Last Day)
COT : Downtrend ( MM-Last Week)
Daily COMEX Vault status : Deposit day 4
POC: Uptrend (Previous day )
DXY Last day candle :Indecisive