Bullish to Bearish View for this week
Gold showed the bearish trend in WEEKLY, DAILY and 4H timeframe. Yellow box/lines indicates the Sell zone POI for gold.
Hoping for gold to rise till the sell zone POI and then fall again till 1850.
Sell zones are
1888.00 - 1890.00
1901.05 - 1907.50
1921.05 - 1929.05
Target for this will be around 1850/1875
Expecting gold to rise from 1848 till sell zone.
Another buy zone will be around 1820 (blue box)
Overall Bearish View in Gold.