financialflagship

GOLD (XAU/USD) – Week 15 – From support to resistance.

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FX_IDC:XAUUSD   黃金現貨 / 美元
Last week, Gold didn’t do anything spectacular as the price is in the middle of a corrective phase.
In the next days, we expect Gold to slowly climb towards the resistance zone, but first, the price could pullback and find some support around the $1700 level.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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