Price Sold as previous analysis predicted to support zone 1792.11. Now expect price to reach and test the support zone fully before long term buy in gold. Back to resistance zone 1916.57
price is currently selling expect price to continue selling long term. once price closes below support zone 128.934 expect price to reach the next support zone 126.927.
Price has currently passed resistance zone 128.934 and turned the level into a new support expect price to reach next resistance zone 134.961 for a buy long term.
Price has currently fallen below resistance zone as well as breaking past consolidation zone. Price should continue to the downside to support zone 1792.11
Price reached resistance zone as expected. Now either price can reject at the zone 128.934 or price will continue to buy to the next resistance zone 134.961
Update on gold. Price is currently buying as expected from previous analysis which I will link below.
For this week Price is expected to buy to the resistance zone 2066.36
Price is currently selling from resistance. Price looks to be making a pull bacck to test resistance again for a M formation to begin the sell long term to support 115.876
Price is currently buying from support zone 1916.57. It looks as if gold could be making an ascending triangle. If price breaks trend line expect price to buy towards major resistance zone 2066.36
Price currently selling as it has completed the first Half of my analysis if price stays underneath trend line expect a sell to the next resistance zone
Price is currently buying from support zone also price broke previous trend line which could mean a buy to test resistance for a continuous sell long term
Price is currently below resistance zone waiting for a break of trend line for a sell if price doesn’t break trend line expect a buy too major resistance zone