Back from a brief hiatus due to illness.
So let's continue.
Gold is looking bullish for the start of the week. But I'm not sure if it will hold. When the move is confirmed, I'll be taking it to the weekly 1757.72 area and awaiting which direction it'll continue for the remainder of the week.
So this is why you're seeing two directions indicating where the short may happen. If the Coronavirus readings get worse here in the U.S. (and it's looking like it will be), we'll be bullish all week.
So here are your TPs for now:
BULL
• 1754.14
• 1779.64
BEAR
(from the weekly area)
• 1739.48
• 1733.84
• 1722.97
• 1701.69
So let's continue.
Gold is looking bullish for the start of the week. But I'm not sure if it will hold. When the move is confirmed, I'll be taking it to the weekly 1757.72 area and awaiting which direction it'll continue for the remainder of the week.
So this is why you're seeing two directions indicating where the short may happen. If the Coronavirus readings get worse here in the U.S. (and it's looking like it will be), we'll be bullish all week.
So here are your TPs for now:
BULL
• 1754.14
• 1779.64
BEAR
(from the weekly area)
• 1739.48
• 1733.84
• 1722.97
• 1701.69