Gold may be looking for Bull run
Gold technical possibly looking to find buying power.
Market may begin shift bearish to bullish.
Conditions;
- Wipe out of year low
- Wipe out of 6 month low
- Near 1 year support/demand level
- Completed 100 pp cycle
- DXY signalling bearish D1/H4
However may still push to the downside.
Possible to take risj sells.
Took risk buy entry at 1711
But I am looking to buy down to 1670
First target 1740 - 1755
#NB Pure technical analysis on Time and Price. Analysis does not account for Fundamentals and other market driving forces.
*Please do your due diligence and trade these ideas at your own risk*
Market may begin shift bearish to bullish.
Conditions;
- Wipe out of year low
- Wipe out of 6 month low
- Near 1 year support/demand level
- Completed 100 pp cycle
- DXY signalling bearish D1/H4
However may still push to the downside.
Possible to take risj sells.
Took risk buy entry at 1711
But I am looking to buy down to 1670
First target 1740 - 1755
#NB Pure technical analysis on Time and Price. Analysis does not account for Fundamentals and other market driving forces.
*Please do your due diligence and trade these ideas at your own risk*
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