Gold price prediction for week between 2nd of 6th Nov-6th Nov
From 1 hour chart, we can see Gold has made 2 attempts to break above the major resistant but did not succeed. Shortly price dropped and break below minor support at.
The price currently is on a downtrend, unless the price stays above 1890, we shall be bearish on this pair and keep an eye on where the next low will be formed for gold.
There is no detailed plan for next week. If I spot any good opportunity for Intra-day trading, will post another idea on this pair.
The price currently is on a downtrend, unless the price stays above 1890, we shall be bearish on this pair and keep an eye on where the next low will be formed for gold.
There is no detailed plan for next week. If I spot any good opportunity for Intra-day trading, will post another idea on this pair.