Gold continue its bull momentum in coming weeks. We got high volatility on gold that spoiled many traders accounts last week. Still there is NO structural sign of reversal unless a spinning top on weekly candle. I would like to make a statement here that we entered into a range structure which may last 6 weeks before breakout. I am expecting a triangle bullish pattern before touching 1625. I am not expecting bear momentum this year. However price action around 1625 level decide/revise my decision. So far all good. Enjoy green pips on gold
regards,
V.R. Shaiju
regards,
V.R. Shaiju
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.