XAU / USD - PRE MARKET UPDATE
Yo
Pre-Makret analysis for Sunday 7/11/2021
* Analysis / Sentiment *
Gold was rough last week, consolidating up and down 2000 points. As we come
to a new week in the markets, today im anticipating price could go either way for gold, I know its ironic.
If we see price start closing under 1797, it could potentially go down from there
to 1790ish. On the other hand, If price starts closing above 1812 then it could
potentially go up from there. Now keep in mind, this is a rough overview on Gold
for Pre-Market. You also got to look at the dollar index for a sentiment for that currency.
I will do an update on gold as we go into London session.
* Key Levels *
1812
1797
1780
* Disclaimer * This is my analysis, anything you execute on is on you.
- James
Pre-Makret analysis for Sunday 7/11/2021
* Analysis / Sentiment *
Gold was rough last week, consolidating up and down 2000 points. As we come
to a new week in the markets, today im anticipating price could go either way for gold, I know its ironic.
If we see price start closing under 1797, it could potentially go down from there
to 1790ish. On the other hand, If price starts closing above 1812 then it could
potentially go up from there. Now keep in mind, this is a rough overview on Gold
for Pre-Market. You also got to look at the dollar index for a sentiment for that currency.
I will do an update on gold as we go into London session.
* Key Levels *
1812
1797
1780
* Disclaimer * This is my analysis, anything you execute on is on you.
- James
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