as many might notice i gone quiet. Perhaps now is a good time to give few swing levels for short term bullish. As i previously mention i do remain long term bearish bias but having in mind the last few consecutive weeks of fundamentality my bearishness is paused hence why i gone long from 1779 with few levels to monitor. Bear in mind with latest news for new Covid...
Happy New Year everyone! Here is my set up for the upcoming months. As many have notice gold were trading in multi year range were both Supports and Resistances were hit and declined until we finally had a move to the upside which i have published in my previous idea with few levels to monitor! However what i can see as a move which will be tested in the next few...
So far so good! My previous idea worked 100% in right timing. This is just to give a heads up of what we might expect further. Unfortunately i don't see gold bullish. Buy only above 1760 which is the resistance for target of 1834 Target for short 1533/1458
So guys, here is my weekly view on gold based on 4h. As we had NFP behind which create high volatility but not being able to break the monthly range of 1770-1795 it confirm the bearish set up which I will gonna look at in the upcoming weeks.We are in bearish flag which invalidation should be 97, as we have seen wed din not being able to break and sustain but...