Gold made a steep decline dropping to the weekly/monthly support from where it bounced bullishly.
The bullish divergence on technical indicators suggests bullish retracement in the coming week.
We can expect a small drop on Monday before resuming the bullish retracement.
The bullish divergence on technical indicators suggests bullish retracement in the coming week.
We can expect a small drop on Monday before resuming the bullish retracement.
Trade closed: target reached
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Related publications
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.