Gold market update (give me 100 likes & tell me whare are you from?
Gold make head & shoulder pattern. Gold break the nickline of this pattern. Gold is now trading in Channel pattern. If gold break the resistance line of channel pattern with high volume then gold can go up & will hit 1800$.
Gold open interest & volume is less then yesterday data. Mean gold in down trend and this sign is bullish for gold.
Fundamental analysis:
US unemployment claim is released which is bad for USD & better for gold. So we can say gold can go up.
So this is the technical & fundamental analysis of gold. Now trade with risk management. Follow me for more updates. Thank you
Gold make head & shoulder pattern. Gold break the nickline of this pattern. Gold is now trading in Channel pattern. If gold break the resistance line of channel pattern with high volume then gold can go up & will hit 1800$.
Gold open interest & volume is less then yesterday data. Mean gold in down trend and this sign is bullish for gold.
Fundamental analysis:
US unemployment claim is released which is bad for USD & better for gold. So we can say gold can go up.
So this is the technical & fundamental analysis of gold. Now trade with risk management. Follow me for more updates. Thank you