GOLD Simple Chart Analysis
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Here is my GOLD analysis for today.
- I am still looking for a potential long in the market, but I am waiting for a nice setup to occur.
- Looks like in the morning we had a big Up move for the bulls and then a rejection on the 1955 zone / resistance area.
- Market might want to take out last weeks low and then go back up to consolidate one more time to collect more orders before heading back up.
If it wants to reach 2000 again it has to consolidate for a bit or sta in the area that its in for a while to collect more liquidity.
- I am still looking for a potential long in the market, but I am waiting for a nice setup to occur.
- Looks like in the morning we had a big Up move for the bulls and then a rejection on the 1955 zone / resistance area.
- Market might want to take out last weeks low and then go back up to consolidate one more time to collect more orders before heading back up.
If it wants to reach 2000 again it has to consolidate for a bit or sta in the area that its in for a while to collect more liquidity.
Комментарий
Gold is setting up for Tuesday.Gold might sky rocket.
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