Gold Forecasting
Gold tacking breath after a big short last week, in 4H, gold start to create reverse head and shoulders to retest the upper line of downtrend line at 1750-1760, where also will retest the last support which will turn to resistance.
Technically: Gold still running in down trend until 1650 where is the down line of the trend .
Fundamentally: strength of USD and increasing of 10 years USD Yield is pushing on gold to more decreasing.
Good luck to everyone.
Don't forget to like and comment if you like my analysis
Yousef Ali
Technically: Gold still running in down trend until 1650 where is the down line of the trend .
Fundamentally: strength of USD and increasing of 10 years USD Yield is pushing on gold to more decreasing.
Good luck to everyone.
Don't forget to like and comment if you like my analysis
Yousef Ali
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