الذهب / دولار أمريكي

XAU-USD INCOMING WEEK OUTLOOK

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It's been five weeks falling streak for gold, last week had a low around 1685.00, and balanced at about 1705.00, Friday gave a few BULLISH candle formation around 1712-1715 on d 30min TF, went as high as 1738. Price Action made correction to about 1722.80.

For the first day of d week, expecting BULLISH moves, BUT that will b if price does not break the 1712-1715 DEMAND zone.

Presently price is at 1726-1727 expected to range between 1734-1717, if P.A breaks 1734 buyers can trade, and if it falls and break 1715-1712 zone, sellers route...

THIS IS STRICTLY AN ADVICE, BE GUIDED BY RISK MANAGMENT.

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