Although my overall outlook is Bullish on Gold. The lower timeframes show attempts of breakout and failing, after the trade talk scares, tariffs etc. The economy is beginning to calm, even though its all false. Gold will experience a short term reversal to the down side based on previous market patterns, if you look into the MN and W1 charts, you can see the support and resistances.
My overall bias is LONG on Gold, but NOT YET. we have a significant move to the downside.
Remember to use risk management.
My overall bias is LONG on Gold, but NOT YET. we have a significant move to the downside.
Remember to use risk management.