GOLD IS MORE TO THE BULLISH SIDE THAN BEARISH AND HERE'S WHY !!!
Last week i uploaded an idea (CHECK LINK BELLOW) based on what i would like to see happen on GOLD this week and , the plan was to wait for a corrective type of structure to show up as we just had a very impulsive move to the upside ...
So what really happened is that the market really did create a corrective structure which is a continuation pattern after finding resistance around (1815-09) and price is back at it again .... and is having a bit of hard time passing through ...
My overall direction is still bullish because i have enough confluences that states the market is bullish , so to round things up i'll be looking for a break above 1815-09 resistance zone and a correction retesting it for more buying opportunities...
So what really happened is that the market really did create a corrective structure which is a continuation pattern after finding resistance around (1815-09) and price is back at it again .... and is having a bit of hard time passing through ...
My overall direction is still bullish because i have enough confluences that states the market is bullish , so to round things up i'll be looking for a break above 1815-09 resistance zone and a correction retesting it for more buying opportunities...
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