GOLD (XAU/USD) – Week 26 – Downtrend pressure.
In our previous forecast, we correctly anticipated Gold to correct the previous bearish impulse.
In the coming week, we are expecting the price to finish the present consolidation, which has the potential to reach the resistance area before resuming the bearish trend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming week, we are expecting the price to finish the present consolidation, which has the potential to reach the resistance area before resuming the bearish trend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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