Hi everyone:
ALL USD pairs are shaping up for a bullish move in this coming up due to the possible result of NFP as well as over extended daily runs, therefore we can see a bearish momentum in GOLD as well in this coming up week. On this 4 hr chart, we are seeing the price action broke down the support trend line, and patiently waiting for a lower high to develop or a bearish flag to confirm the momentum down to 38.20 or 61.80%.
Thank you for your support and feedback.
JoJo
ALL USD pairs are shaping up for a bullish move in this coming up due to the possible result of NFP as well as over extended daily runs, therefore we can see a bearish momentum in GOLD as well in this coming up week. On this 4 hr chart, we are seeing the price action broke down the support trend line, and patiently waiting for a lower high to develop or a bearish flag to confirm the momentum down to 38.20 or 61.80%.
Thank you for your support and feedback.
JoJo
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Daily chart:
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