GOLD (XAU/USD) – Week 7 - November lows Incoming pt. 6
Updated
In our last week forecast, the Gold price moved in the way we predicted and increased correctively with $55 before the bears started to dominate the market in the end of the week.
For this week we expect the price to get into a deeper sideways move before continuing its way to our $1760 target. We recommend you to be patient and look for your sell setups without over-leveraging your positions.
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.
For this week we expect the price to get into a deeper sideways move before continuing its way to our $1760 target. We recommend you to be patient and look for your sell setups without over-leveraging your positions.
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.
Trade closed: target reached
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