Hello everyone
My analysis on gold for this week. If the zone of $2150-$2144 breaks with a 4H candle, it could potentially go downward to $2116. On the other hand, as long as gold stays above the zone of $2155-$2144, the direction is upward with a target of $2268. The buy safe zone starts at $2016-$2105 with a target of $2195. If the zone of $2105 breaks with a 4H candle, gold may continue downward to a target of $2033.
Just keep in mind that this is my analysis and it's always important to be cautious when trading.
My analysis on gold for this week. If the zone of $2150-$2144 breaks with a 4H candle, it could potentially go downward to $2116. On the other hand, as long as gold stays above the zone of $2155-$2144, the direction is upward with a target of $2268. The buy safe zone starts at $2016-$2105 with a target of $2195. If the zone of $2105 breaks with a 4H candle, gold may continue downward to a target of $2033.
Just keep in mind that this is my analysis and it's always important to be cautious when trading.