Gold : Still week but looking for a pullback

13 нояб.

Gold price tested 2600 in yesterday trading session and still looking weak. For Intra day price is forming tringle formation on H1 and breakout from this formation in either side can give us good move on that side , personally I think a pullback is due at this point and we can expect a test around 2635-40 area for Intra day.
If gold going to follow this view then at 35-40 we will wait for confirmation of sell or higher levels .