GOLD (XAU/USD) – Week 40 – Targeting the resistance.
In our previous forecast, we correctly anticipated Gold to make another bearish push and break the low inside the correction. After that the price sharply reversed reaching the trendline.
In the coming week, we are expecting the price to finish consolidating, break-out of the trendline and head towards the resistance.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming week, we are expecting the price to finish consolidating, break-out of the trendline and head towards the resistance.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
