Weekly Forex Forecast Nov. 25-28th: GOLD Resumes Bullish Trend.After three bearish Weekly candles, safehaven seekers pushed the prices past the previous weekly high with a strong close. Will this continue next week? I suspect it will. The Monthly and Weekly TFs show bullishness, and indicate the bearishness was short term.
That said, I am prepared to sell if the entry function presents itself at the current -FVG price is contacting. This price level is in the premium of the trading range, making it a great area to look for a short. But it is counter-trend, so a reasonable profit target is in order.
Check the comments section below for updates regarding this analysis throughout the week.
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