Can you find anyone who doesn't distinguish the ascending action of the Gold price since Dec.2016? I don't think so. This trend has changed the way upward by a meaningful degree from May 2019. The recent changes of commercial which happened to the whole world the trend is trying to find another path.
It is too difficult to tell where it goes but if you understand the fundamentals of commerce and also a small knowledge of the technical analysis, between June 11th to June 29th, Gold market will determine the way she wants!!!
Would it be another try to break the HIGHEST OF THE HISTORY or there is no potential for a higher level anymore?
Until that time I think the chart will show the range between 1678-1769 depending on the calendar and the "H4 Closed prices" in each timezone.
This is just another IDEA and NO ONE can predict the MARKET!
So please make your own analysis before any trade ;)
It is too difficult to tell where it goes but if you understand the fundamentals of commerce and also a small knowledge of the technical analysis, between June 11th to June 29th, Gold market will determine the way she wants!!!
Would it be another try to break the HIGHEST OF THE HISTORY or there is no potential for a higher level anymore?
Until that time I think the chart will show the range between 1678-1769 depending on the calendar and the "H4 Closed prices" in each timezone.
This is just another IDEA and NO ONE can predict the MARKET!
So please make your own analysis before any trade ;)