Last week, GOLD was over bought by GCC Countries (Strong Demand)
Gold faced high demand due to global economic uncertainty.
+ DXY is retesting its resistance level,
+ Investors are selling Gold to buy stocks due to being a good value vs their earnings,
= therefore Gold will retest the 1740 zone as of the upcoming 48 hours.
Enjoy the profits!
Cheers
+ DXY is retesting its resistance level,
+ Investors are selling Gold to buy stocks due to being a good value vs their earnings,
= therefore Gold will retest the 1740 zone as of the upcoming 48 hours.
Enjoy the profits!
Cheers
כתב ויתור
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