Gold has been making new all-time highs almost daily but are the bulls showing signs of exhaustion ?
The chart below has the levels I'll be watching this week.
See my other chart linked below for a swing trade idea for this week.
On the buy side ill look to enter at entering at 2944 expecting to hold until 2974 area, of course take profit on the way.
On the sell side ill look to enter at 2931 which nearly exactly Fibonacci 0.618 and look to hold to 2922 first and if broken then 2900 plus.
These trades are based on the higher time fram support and resistance , Fibonacci levels and trend lines .
As always when trading use proper risk management this is not a get rich quick scheme but is about making constant profit while protecting your capital.
Ill update these as the week progresses