Price on the weekly time frame is getting weak. Potential pull back to 1.19499 and then maybe go up to past the Quarter Point (QP).
Price on the 4hr time frame it was on consolidation for a while on Friday 5/28/21.Also on the RSI it pass the 75 mark. This week coming up it will be a pull back and it will continue to be on the upside right after that.
Price on gold on the RSI is past the 75 on Friday 5/28/21. I believe price will get to 1936.63 and maybe pass it then it will be on sell pressure for a while or continue going up and get to 2000.00.
I believe that price will continue to be long term in the future. As you see in the 4hr time frame, my top red (200) Bollinger Bands, if you go back previously there was a slight pull back before price continued to go on the upside.
On the 4hr time frame, price looks like its been doing consolidation on Friday May 28. My prediction will be that it will go up long term and pass 1.43146. Maybe a slight pull back in a coming weeks but long term it will go up.
First time doing analysis in a year.... On the daily Price will pass 1.84137 this week coming up. I believe that it will be a pull back for like one or two days this week coming. After that itwill pull back it will continues to go long term up passing 1.86000. I believe it will do a pull back on this week coming up because It's a leading indicator of economic...