MonieTrend

MonieTrend Updated 

See chart and figure it out...

MonieTrend

Gold is globally bullish. Technical and fundamental analysis also supports the fact. The price found support multiple times on 1915/1900 levels. I will only consider shorting Gold if price breaks 1900 support. Next week, i see price retrace to 1930/1920 area before bullish continuation I'm not shorting this Market!!!

MonieTrend

One of the 3 scenarios is likely to happen. Pay close attention. Globally Gold is bullish and won't advice you short it now. Look for buy opportunities.

MonieTrend

One of the scenarios will play out next week I recommend you sell if price breaks 1790 support level and buy if price break 1818 resistance level

MonieTrend

It's clear from the higher time frame that market is bearish SELL

MonieTrend

The price made a bearish correction and is now on a Key support level, thus testing the demand zone. We expect GOLD to rise towards the supply zone.