GOLD WEEKLY OUTLOOK

FUNDAMENTAL

BULLISH:
-global weak data - brexit - trade war tensions (china buy 20bn instead of 50bn agriculture, Russia support china, middle east tensions on oil, eu)+ weak usd (nfp, slow job growth, employment)-us30 to take a dip.

BEARISH:
-brexit resolution, trade war relief of SIGNITURES, strong data


WEEKLY:
premium buy orders around 1488 & 1450
strong weekly support (1465, 1415, 1565)

DAILY:
1515 strong resistant area, daily bearish trend broken

Safer entries: wait 1505/1515/ 1480 break and retest
If break 1480: strong data

*1510 max

Market structure 1404-1518: must retrace 50% - FOR SELL

Just overall awaiting price to set up for the data ahead this week. Main bias is the upside.