here in gold we are at support area & the last day it fall all the way do due to the strengthen of US DX. So, finally it get low in bearish control from which we can say the bulls will back in control. Due to speeches of Governor (US & UK) it will have high impact on GOLD in which we believe the US will have negative effects & let the gold Strengthen back this week. By this we can say its the retracement done as 1st time which form the double bottom in the current bullish move & keep itself fly back again into bullish trend that was started from the support.
our entries are ready from the support as the first target of 1710 & the 2nd one is resistance area.
I HOPE YOU GOT A BETTER UNDERSTANDING ABOUT GOLD MOVES IN TREND.
our entries are ready from the support as the first target of 1710 & the 2nd one is resistance area.
I HOPE YOU GOT A BETTER UNDERSTANDING ABOUT GOLD MOVES IN TREND.
