Hello traders. Looking at the weekly I am watching to see if the marked zone on chart holds for Gold to start a drop down. I am looking for potential buys from marked area (see chart writings for explanations). Now there is always the chance that gold can easily pop up some more and hover around to take out short positions but I feel we made the monthly highs and should hopefully start this week changing to a more bearish market. This is just an idea, not trading advice. All thanks goes to Big G my mentor. As always trade the trend, stay safe and be well. I will update as we get into the early part of the week. Thank you for reading my analysis.
Pip Whisperer
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Pip Whisperer
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.