GOLD (XAU/USD) – Week 44 – Correction + bearish continuation.
In our previous forecast, we correctly anticipated Gold to continue the bearish trend and reach the support level highlighted on the chart.
In the coming week, we are expecting Gold to make a pullback and make one more leg down and break the previous low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming week, we are expecting Gold to make a pullback and make one more leg down and break the previous low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade geschlossen: Ziel wurde erreicht:
Support level hit. Expecting a reversal or a consolidation for a downtrend continuation.
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