Gold Analysis and Review
Gold Analysis and Review
On the weekly timeframe, we can see high-volume doji patterns, and on the daily timeframe, there is also a negative divergence. Now, on the 4-hour timeframe, we have a great breakout that could take us to the 2447 level (the daily Kijun level) and then to the 2420 level.
Conclusion:
The overall view suggests that selling positions at the right points would be appropriate.
On the weekly timeframe, we can see high-volume doji patterns, and on the daily timeframe, there is also a negative divergence. Now, on the 4-hour timeframe, we have a great breakout that could take us to the 2447 level (the daily Kijun level) and then to the 2420 level.
Conclusion:
The overall view suggests that selling positions at the right points would be appropriate.
Penafian
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