Long Term Gold Bullish Short term correction not complete so current idea Bearish
9th June chart complete 1670 - 1779 Short term Aim for Gold to touch 1738-45 If broken can see 1710 perhaps and rebound Otherwise Gold can carry on into 1650's but we will cross that bridge step by step at 1710/12 zone
Alot of people are long on Gold however I feel we need a decent pull back unless we retest the high and pull back. Either way shorts is on my cards for now till my zones are complete.
I agree. I think monday will be bullish for half day, rising possibly to 1780 but then bears will take over rest of the week bringing it down to 1740 level. Bullish trend is slowing down. Bearish momentum is overdue.
Forexick
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@msss2019 retest at 1779 possible for a weekly touch confirmation and we go down. I’l be holding my short 1767 and adding shorts on the bullish momentum