Weekly chart shows some weakness on gold, previously we got some noises on 1365ish and unable to break the top, since we were down from there, I feel like we are going to have some bearish run.
If we are able to have this and next week green on weekly candle, we may wipe out the bears and hit above 1365. Otherwise, we may hit down to 1304 area, which was a support zone for previous bulls.
If we are still moving down, the next target I have on sight will be 1248-1258 area, which is the support line I have on my chart.
Peace~
If we are able to have this and next week green on weekly candle, we may wipe out the bears and hit above 1365. Otherwise, we may hit down to 1304 area, which was a support zone for previous bulls.
If we are still moving down, the next target I have on sight will be 1248-1258 area, which is the support line I have on my chart.
Peace~
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1240ish on sight
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