Gold Weekly Analysis
as price action scalper i am looking for both side but we can see more down side on gold if weekly low break in coming days most likely on 1800 or 1790,
so 1. price will break weekly or yearly low and can touch 1800 level area and can definatly see pull back from there,
2. if price already down whole week previously so, we may see pullback straight away after coming week start and safest buy will be 1814 area with confirmation and can expect to key areas 1820 or 1830 but if
3. price retest the previous weekly high on 1843 then it can be end of bearish momentum then price can go range there before go further up .
but let see i m hoping that price will go more further down to test the 1800.
as price action scalper i am looking for both side but we can see more down side on gold if weekly low break in coming days most likely on 1800 or 1790,
so 1. price will break weekly or yearly low and can touch 1800 level area and can definatly see pull back from there,
2. if price already down whole week previously so, we may see pullback straight away after coming week start and safest buy will be 1814 area with confirmation and can expect to key areas 1820 or 1830 but if
3. price retest the previous weekly high on 1843 then it can be end of bearish momentum then price can go range there before go further up .
but let see i m hoping that price will go more further down to test the 1800.