GOLD (XAUUSD) | The direction of price movement this week🏹
Hello traders, Gold in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the previous analysis, we said that gold at the intersection of two lines and the price of 1764 will show a weakness, this weakness should not happen as it should.
In our opinion, it will still be possible to climb, but it is better to break this intersection completely to receive the confirmation of the ascending wave.
And if buyers are weak, there is a high probability that a sideways movement will occur in this area.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
In the previous analysis, we said that gold at the intersection of two lines and the price of 1764 will show a weakness, this weakness should not happen as it should.
In our opinion, it will still be possible to climb, but it is better to break this intersection completely to receive the confirmation of the ascending wave.
And if buyers are weak, there is a high probability that a sideways movement will occur in this area.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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