Made this analysis last night but forgot to post it here..... So you can join the train of bullish gold market. This week is high on bullish, so we will be looking to analyse and enter on a smaller time frames to look for only bullish confluences.
As you can see it's coming from a strong demand zone from a daily timeframe , at around 3200 per ounce, heading towards liquidity at 3375, if it grabs that liquidity, and still breaks over 3375. We will be sure to add more buys, at around 335. Supplying towards the next demand zone 3470. .
The weekly timeframe: so we could see a clearer view of what and where the market is heading to and coming from and remember also our monthly is bullish for the past months.
As you can see it's coming from a strong demand zone from a daily timeframe , at around 3200 per ounce, heading towards liquidity at 3375, if it grabs that liquidity, and still breaks over 3375. We will be sure to add more buys, at around 335. Supplying towards the next demand zone 3470. .
The weekly timeframe: so we could see a clearer view of what and where the market is heading to and coming from and remember also our monthly is bullish for the past months.
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Disclaimer
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.