we have seen Gold rally into a supply Orderblock around higher time frame resistance and bears take control.
as we can see there is a shorter term downtrend price has formed.
if it continues then a good buy exists around 1330-1331 up to about 1350
If the level does not hold, i will be looking for shorts down to 1310 where we could see a bounce as i do expect higher prices in gold -0.50% in the longer term even though we are caught in a weekly range
as we can see there is a shorter term downtrend price has formed.
if it continues then a good buy exists around 1330-1331 up to about 1350
If the level does not hold, i will be looking for shorts down to 1310 where we could see a bounce as i do expect higher prices in gold -0.50% in the longer term even though we are caught in a weekly range