GOLD- STILL BULLISH
Actualizado
From weekly chart, buying/demand is still good, and formation is forming a wedge now. Good buying area is around 1313-1311. with tight stop loss.
Nota
look at the last 4-hourly chart; it looks like a retail flush, so very strong buying.Nota
From the weekly price action, its still looking bullish - with declining price, but not the volume.Nota
The weekly volume is relatively low in the pullback.this week. So remain bullish outlook !Nota
The price is still testing the PF's ML now - at a critical juncture. If it holds, looking for a buy from here or next week.Nota
Buying volume is still strong, nicely set up for 1670 TP
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