This is my overall view about gold for the upcoming weeks and months. The price just made a perfect retest to the previous resistance which is now turned into support in that area and we do expect a bounce back after a bit of accumulation. keep in mind this is a weekly chart so a little bit lower scenario is on the table but at the end due to high inflation and current geopolitical issues gold will skyrocket.
Kommentar:
stops bellow 1750