FxBIGPIPS

FxBIGPIPS

At the beginning of the week, gold started with a good bullish move. However, once the resistance zone in area 1870-1880 was touched, gold drop drastically engulfing the previous green candle downwards in D1 chart. That´s the main reason why we think that gold can probably seek again the longterm upside trend before going to upper levels.