Gold- New ATH by the end of the week?
Gold is running and running and, although is very overbought and one-sided it seems that there is room for one more push-up above ATH.
The expected correction happened, indeed, but on an intraday basis and now gold is again above 2050, consolidating just under previous ATH resistance.
Technically, a small pennant is forming, and a break above its resistance can lead to further gains.
Yesterday's low offers now support
The expected correction happened, indeed, but on an intraday basis and now gold is again above 2050, consolidating just under previous ATH resistance.
Technically, a small pennant is forming, and a break above its resistance can lead to further gains.
Yesterday's low offers now support
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
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