Next week, I'm expected gold drop to 1195$. Then Buy at this point.
We have a nice trendline (in purple) acting well as S/R. In january, gold crossed over it, but crossed down in february, false signal.
This week, gold closed above it, and above MA20 Daily.
Very speculative, but gold can reach the long term bearish trendline to complete a bearish butterfly @1480$
We have a nice trendline (in purple) acting well as S/R. In january, gold crossed over it, but crossed down in february, false signal.
This week, gold closed above it, and above MA20 Daily.
Very speculative, but gold can reach the long term bearish trendline to complete a bearish butterfly @1480$
