XAU/USD OUTLOOK FOR THE WEEK
IF YOU FOUND THIS ANALYSIS USEFUL YOU CAN SUPPORT BY LEAVING A 'LIKE'
GOLD ANALYSIS
6/7/20
I have linked my last analysis regarding this pair below
please check it out!
We have come to an interesting area to watch.
Price has started a new trend and it is heading down however,
price has 1 support level to take out to be free
we have tested this support level only once, after this new trend down.
We are looking for intra-day to the upside to meet the trend line which will act as ress
This is the are to watch!
We can see 2 possible situations unfold based if this resistance can hold
IF we fail to hold and break ress, we can make a new higher high
if we fail to break ress, we can see a higher low
GOLD ANALYSIS
6/7/20
I have linked my last analysis regarding this pair below
please check it out!
We have come to an interesting area to watch.
Price has started a new trend and it is heading down however,
price has 1 support level to take out to be free
we have tested this support level only once, after this new trend down.
We are looking for intra-day to the upside to meet the trend line which will act as ress
This is the are to watch!
We can see 2 possible situations unfold based if this resistance can hold
IF we fail to hold and break ress, we can make a new higher high
if we fail to break ress, we can see a higher low
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FINAL DIRECTION NEW IDEA HERE
