XETRA GOLD 4GLD CORRECTION TO 40€

The weekly resistance Zone has been rejected. We can also see a a red candle on the daily chart with a big spike, which rejected the Zone once again. SL will be above the spike of the candle mentioned before and TP will be at 40€, which is located in the lower zone.
Candlestick AnalysisCommoditiescommodityGoldgoldeurMultiple Time Frame AnalysisSupport and Resistancexetra

Disclaimer