Gold weekly analysis: Here are the trend Line in 1M(month) as you can see in picture 1 ,gold tested 3 time before and now after some High gold again going to retest it for 4 times, and this trend channel start from 1935 to 1780 but we can expect to 1835 aria, that means gold technically showing sell for next week but remember on monthly basis most of time gold...
Hi Traders welcome to Forex Tec, Look at the XAUUSD weakness, its st struggling to move high or low but this is a very powerful place between 1930 and 1915 on this area you can see almost 7 or 7 to 10 times you go up and down since 3 weeks but it stopped on this place more than any other place, overall goal is in sale pressure according to the technical indicator...
Gold retested the 1903 after 1923 ,so strong chance to buy to 1935 to 1940 aria