It was a long wick H4 pin bar candle when it tests the 1818 zone, a strong indication of rejection. Currently, I believe Gold needs a retracement based on technical analysis.
Catalyst:
This week
- US Jobless claims
- US PPI
Next week
- CPI
- Treasury Currency Report
- Sales data
- G20
PS: Please don't trade this analysis blindly, do your research before you enter the trade. I'm too busy with my clients, and I'm not going to share the updates.
Catalyst:
This week
- US Jobless claims
- US PPI
Next week
- CPI
- Treasury Currency Report
- Sales data
- G20
PS: Please don't trade this analysis blindly, do your research before you enter the trade. I'm too busy with my clients, and I'm not going to share the updates.
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