Techinically, gold has not showed us bear signal on weekly chart yet.
So the purple zone is a wide range that it would probably start to correct before breaking through the highest position 1350-1365.
Our last signal on gold is triggered already which is still on loss now. On this chart, gold is still bull for us. And buyers all are now targeting 1300-1360. Same as us.
A correction down to 1268 is possibile, according to this chart. So please wait for entry signal on that posiiton if you still no in yet.
Less is more!
So the purple zone is a wide range that it would probably start to correct before breaking through the highest position 1350-1365.
Our last signal on gold is triggered already which is still on loss now. On this chart, gold is still bull for us. And buyers all are now targeting 1300-1360. Same as us.
A correction down to 1268 is possibile, according to this chart. So please wait for entry signal on that posiiton if you still no in yet.
Less is more!
