Gold Weekly analysis, July 13-17,2020
Hi all,
Have a great trading week ahead,
Gold against dollar pair touches the 2nd ever high price of 1817 last week, last 2 days of the week this pair seen the bearish momentum with the reversal candles.. expecting this week the selling pressure continues half of the week till 1775 at least, again it may reversal to reach the area around where it starts according price action analysis.. it seems that gold may continues the bullish trend this week but it tends to retrace the area of 1775 which is the demand area ..
Note - weekly analysis done based on price action ..
Have a great trading week ahead,
Gold against dollar pair touches the 2nd ever high price of 1817 last week, last 2 days of the week this pair seen the bearish momentum with the reversal candles.. expecting this week the selling pressure continues half of the week till 1775 at least, again it may reversal to reach the area around where it starts according price action analysis.. it seems that gold may continues the bullish trend this week but it tends to retrace the area of 1775 which is the demand area ..
Note - weekly analysis done based on price action ..
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.