BullBearMkt

Gold Short Term Projection Remains Bearish, Weekly Bullish

Corto
OANDA:XAUUSD   Oro al contado/Dólar estadounidense
With gold unable to find rejection last trading week, price continues to go high. Coming week, the precious metal requires great "bullish power" to rally above 1926 level (1). If 1926 level is violated, gold will be going for the bearish order candle (2). If gold price tested (2), sentiments likely to have changed to bullish & any pullback will be a BUY for gold.

Gold weekly, monthly still remain bullish & a test of (3) or below with strengthening momentum will be a buy for gold.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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