Good afternoon traders!
From my perspective I am seeing a bearish reversal in Gold from previous resistance zone near price 2050, with a full bearish engulfing candle. Also, I am seeing price for a Head and shoulders pattern with a continuation to support level 1880. With so many different fluctuations in the market due to news and what is happening with Ukraine and Russia the market can be a bit unpredictable, buttttt in times of uncertainty Gold can be a safe haven for traders to buy.
Stay tuned next week to see what price wants to do!
- Janisha Holmes
From my perspective I am seeing a bearish reversal in Gold from previous resistance zone near price 2050, with a full bearish engulfing candle. Also, I am seeing price for a Head and shoulders pattern with a continuation to support level 1880. With so many different fluctuations in the market due to news and what is happening with Ukraine and Russia the market can be a bit unpredictable, buttttt in times of uncertainty Gold can be a safe haven for traders to buy.
Stay tuned next week to see what price wants to do!
- Janisha Holmes