GOLD - Week 1 - Keep an eye on this area

Gold is making a complex consolidation pattern and for the short-term, the price may re-test the November lows. For the moment we can see the price slowly increasing and we will keep an eye on it until it will reach the 4H trendline, but for the duration, we will focus on selling Gold, rather than buying it. You should wait for your setup first and don’t jump in any trade!
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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