GOLD outlook
Gold is still moving within the pennant formation we highlighted in last weeks outlook.
Last week Gold broke out of the consolidation area and reached 1814 before pulling back slightly on Friday.
We are expecting gold to reach the 1850 zone in the coming weeks.
Drop below 1770 will negate the bullish outlook.
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Last week Gold broke out of the consolidation area and reached 1814 before pulling back slightly on Friday.
We are expecting gold to reach the 1850 zone in the coming weeks.
Drop below 1770 will negate the bullish outlook.
Please follow
Hit the like button
Share your thoughts and leave a comment.
Thank you for your support🙏🙏🙏
Trade Safe and manage your risk. Everything we share is not financial advice.
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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.
Related publications
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.