Weekly Analysis.. Gold really ready to rally again?
2360 is going to be the zone..
If respected, Possibly 2480 2530 open up
If Broken, Possibly 2300 2250 Open Up..
Rest of the analysis on daily basis
If respected, Possibly 2480 2530 open up
If Broken, Possibly 2300 2250 Open Up..
Rest of the analysis on daily basis
Comentário:
Pardon typing error
2330*
2330*
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2300 done
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Keep watch around 2280 zone
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Unless gold trades above 2315,
2280 zone remains in play.
Above 2315, accept 2300 as being respected.
2280 zone remains in play.
Above 2315, accept 2300 as being respected.
Comentário:
Again 2360 to act as resistance.
Will be the decisive zone.
Bears will cover above it only
Will be the decisive zone.
Bears will cover above it only
Comentário:
Importance of 2315 still as much..
Above 2315, 2360 zone could be tested
Below 2315, 2280 2265 zone could be tested
Above 2315, 2360 zone could be tested
Below 2315, 2280 2265 zone could be tested
Comentário:
2340
2310
Trending move on either side break.
2380
2280
More likely on Downside.
2310
Trending move on either side break.
2380
2280
More likely on Downside.
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*2360 / 2380
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was in dual state of mind..
Downside didn't capitalise..
Downside didn't capitalise..
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Learning for me 😌
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2330 Value area for Buy
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2330 is going to be the zone
If respected, 2360 2380 2400 possible
If broken, then 2315 2280 possible
If respected, 2360 2380 2400 possible
If broken, then 2315 2280 possible
Comentário:
With higher for longer narrative
More BEARISHNESS to prevail.
Downside bias as of now
More BEARISHNESS to prevail.
Downside bias as of now
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Support taken around 2330..
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Weekly closing will matter a lot.. anything below 2330, consider more bearishness in coming week
Atleast 50%