Gold Bullish: Await Retracement for Confirmation
The current high in gold isn't yet confirmed as a major high, necessitating a retracement for confirmation. There's a possibility of a pullback to retest the level around 2195, providing confirmation for a bullish trend before considering buying. If the price fails to respond to this retest level, it may drop to the major H4 level at 2170 before confirming a buy signal. Wishing you good luck for this week's trading.
Kommentar:
Gold may retest to the 2216- 2205 area.
Kommentar:
