Givenmkh

Givenmkh

Looking at the dollar strength index as well as Gold index I can see that dollar is gaining more strength as compared to Gold, and these technical analysis they are inline with fundamental analysis

Givenmkh

Gold has managed to close an old time FVG, which was created on the 22nd of may, the CPI has accelerated the bulls to push and close the FVG

Givenmkh

Bearish flag formed on CADCHF 4HR time frame, Entry on the break of the bottom flag trendline and estimated take profit should be around 0.65171 area

Givenmkh

Expecting Gold to rally down to close the middle value gap, and depending on how the fandamentals play, it might continue going down afterwards

Givenmkh

I am expecting Gold to retest 2168.75 -2157 area, to complete the Elliot wave before going up

Givenmkh

I am expecting Gold to gain momentum this coming week