Gold is one of the most profitable trades that you can earn a lot by only understanding how to trade it: It's simple just learn with my charts.
Forecast GOLD for the Next Week 28 January - 01 February
The Price of GOLD is currently going up as I predicted last week and it clearly overcomes the 1300 area and ready to target the next step 1310 - 1315 area before making the big drop with high sellers volume to 1277 - 1280 area where you can buy again with low risk.
Note the big resistance that the GOLD try to reach now is 1320 area and it can probably happen because of the confidence of investors in the GOLD increasing more and more.
I advise any of my lovely followers to be buyers for long term and sellers for only scalping following the support and resistance below.
Support becoming resistance to focus on: 1277 - 1280 - 1283 - 1285 -1290 they can be your target as TP when the price drop to 1280 area.
Thank you for following again my analysis good trade.
Note
When you sell you wait for the highest price right to make awesome profits? and the question to ask is how many sellers are waiting for the same highest price that I'm also waiting to sell aggressively? find the answer.
Target: 1320 for Buyers Target: 1285 - 1280 for Sellers
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