Gold is recovering ... and bulls are making their vows to avenge
On the four-hour time frame, gold is moving in a bullish sub-direction up to the resistance level (1255), which is expected to bounce back to support levels (1245) based on the sub-trend which is considered to be the best buying area for medium term trades.
Close the two candlesticks four hours higher resistance levels we will see gold up to the price of (1270) Delaware per ounce.
In the coming days, we expect to see active bull trading volumes for a bar bar on the weekly time frame, indicating the end of the bearish trend to move upwards according to the candlestick theory.
*Note
i use google translate
Close the two candlesticks four hours higher resistance levels we will see gold up to the price of (1270) Delaware per ounce.
In the coming days, we expect to see active bull trading volumes for a bar bar on the weekly time frame, indicating the end of the bearish trend to move upwards according to the candlestick theory.
*Note
i use google translate