Gold indeed rejected from 3350 yesterday and technically formed pattern for bearish path. However, due to fundamentals, it quickly reversed and broke 3350 resistance. This is how uncertain the market is. But it did follow my weekly view. Therefore, I am switching back to bullish view on gold for the rest of the week.
I will look for buying opportunity when it retest 3350. Target for today will be 3400.
I will look for buying opportunity when it retest 3350. Target for today will be 3400.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.