What do we expect from GOLD?
We stick to the same idea on GOLD.
Even looking at the H4 timeframe you can see price holding in the last few days, which looks like a retracement and we could see one last push up.
We will be looking for reversal signals around the 1800 zone.
Another way is to see a breakout of 1770 and price directly going down to 1700. In this case, we would be looking for a re-test of current support.
Which one of those two will happen, we shall see next.
You can find out what are the possible entries and setups in our daily analysis.
Even looking at the H4 timeframe you can see price holding in the last few days, which looks like a retracement and we could see one last push up.
We will be looking for reversal signals around the 1800 zone.
Another way is to see a breakout of 1770 and price directly going down to 1700. In this case, we would be looking for a re-test of current support.
Which one of those two will happen, we shall see next.
You can find out what are the possible entries and setups in our daily analysis.
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