Gold Spot / U.S. Dollar
Updated

Gold Weekly Update

232
Gold have grabbed most of upwards gap and now is trying to sweep the liquidity area of 1925-1945 in a descending wedge as shown in the chart.
My longer term bias is still bearish but in short term the PA is showing bullish movements which is targeting the liquidity.
All PA zones are shown in the chart and I expect profitable reflections on each number.
Note
Gold just made it as expected in 5 weeks!
I hope you took the profit of my analysis and this price movement

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.