Gold bears fail to push to 1750 (for now)
If gold bears can push us to test support than the weekly stochastic will keep nearing us towards the 1820 resistance.
Once we reach that level, things get serious in my opinion.
If bulls can manage to break that level then I will be looking to target 1900+ levels.
I thought briefly that a support re-test to 1750 was needed for bulls to reset but bears are showing weakness.
My overall bull view is still in motion and gaining more confidence as normal retracements are either delayed or just not happening...
I will link all my related analysis for bull and bear below
Once we reach that level, things get serious in my opinion.
If bulls can manage to break that level then I will be looking to target 1900+ levels.
I thought briefly that a support re-test to 1750 was needed for bulls to reset but bears are showing weakness.
My overall bull view is still in motion and gaining more confidence as normal retracements are either delayed or just not happening...
I will link all my related analysis for bull and bear below
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.