Last weeks GOLD analysis was done on the daily, which made any moves GOLD made look insignificant.
Taking a look at the 4hr, we see gold has been ranging between 1730-1740.
At this point its 50/50 (not tradable) if we break below 1730 then we have further bearish to come (I'm still thinking 1600).
A bullish GOLD would look like a break above 1740, test of support and break above 1750 prompting a new bull run for GOLD (if you trade silver imagine the price!!!).
NOT financial advice but be inspired.
Taking a look at the 4hr, we see gold has been ranging between 1730-1740.
At this point its 50/50 (not tradable) if we break below 1730 then we have further bearish to come (I'm still thinking 1600).
A bullish GOLD would look like a break above 1740, test of support and break above 1750 prompting a new bull run for GOLD (if you trade silver imagine the price!!!).
NOT financial advice but be inspired.
交易結束：目標達成
Gold continued its bearish movement and bounced at 1700.The Bulls could be taking over can we get above 1720-1730.
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