GOLD: Where are we going?

٧ أغسطس ٢٠١٩

from summer 2019 gold is unstoppable and constantly the market is setting new higher highs.
weekly timeframe helps to identify the next structure resistance level for targets and counter-trend trades.

RSI is already heavily overbought on weekly and market needs a retracement.

I will be focused on 1530 - 1575 level and will expect a pullback from this level.

٨ أغسطس ٢٠١٩

ملاحظة

Market is still below the supply zone