Good Day Traders !!! We just rejected for the third time this strong level of support around 1855-1853. We expect gold to start his impulse to the upside since we can clearly see that on the Daily we clearly tested almost all the level of the fib retracement during the correction and we expect to see a continuation to the upside. Also from an institutional perspective I can see on the last report from the non commercial institutions a massive number of long position added as well as a big amount of short positions being closed which can mean a strong gold during this week.
Now if you enjoyed this analysis smash that like button and share !! If you have a different opinion I would love to hear about it in the comment area.
Trade safe !!
Now if you enjoyed this analysis smash that like button and share !! If you have a different opinion I would love to hear about it in the comment area.
Trade safe !!
