Looking at taking a sell on gold to 1750-1760 for a pull back after the big move from 1680 to 1796. Next month gold can start a new uptrend or down trend but for now I see gold going down to 1750-1760 next week with fundamental news taking effect and dxy being strong as well. As well as ma 50 and 10 are showing bearish indicator on gold for TF above 3hr
Key news next week
USD PMI (Monday)
USD Core Durable Goods Orders (Wednesday)
USD Prelim GDP (Thursday)
Powell Speech (Friday)
The 4 fundamental will have an impact on gold which I see as being a sell for gold
Key news next week
USD PMI (Monday)
USD Core Durable Goods Orders (Wednesday)
USD Prelim GDP (Thursday)
Powell Speech (Friday)
The 4 fundamental will have an impact on gold which I see as being a sell for gold
