Strong Upward from Gold, 1 more Resistance to go
Last night we saw Gold close around 1287.
After so many times the Sellers try to give Gold pressure, the price still holding above the @1284.50.
This could be a sign that the Sellers momentum is already losing it's power.
Last night, a terror attack in Barcelona, Spain. Was also a trigger for Gold to trade in the high level.
Right now, I still see Gold on track for test the last Resistance. From H4 Chart, we also could see a channel from the last higher low and the last higher high.
So bullish still in control, and we might see 1300 sooner or later.
Good luck and happy trading!
Please help me to click " Like " if you think this analysis helpful.
Thanks and cheers!!
After so many times the Sellers try to give Gold pressure, the price still holding above the @1284.50.
This could be a sign that the Sellers momentum is already losing it's power.
Last night, a terror attack in Barcelona, Spain. Was also a trigger for Gold to trade in the high level.
Right now, I still see Gold on track for test the last Resistance. From H4 Chart, we also could see a channel from the last higher low and the last higher high.
So bullish still in control, and we might see 1300 sooner or later.
Good luck and happy trading!
Please help me to click " Like " if you think this analysis helpful.
Thanks and cheers!!