9.04-9.08 Gold Weekly Outlook

Hello traders,

A new week here again also is a new trading month. Hope will be a great week for us.

Remember last week outlook that we have a downtrend channel for gold?

Now the upper line of the channel seems broken with all candlesticks stand above EMAS.

Back on this chart, there is a invalid line that you should not treat it as a trend line anymore.
This week, as price keep running above the EMAS, we should all follow the uptrend to bu unless a sharp selling signal appear on daily chart and make us a strong signal for end of uptrend swing.

GOOD LUCK ON THIS PLAN.
LESS IS MORE!