GOLD Weekly Chart Analysis
Gold closed bullish at the previous broken support engulfing last weeks candle
GOLD Daily Chart Analysis
Daily time frame pushed up from support and closed with a weak resistance at the end of the week
CB Consumer Confidence + JOLTS Openings on Tuesday
ADP + Prelim GDP on Wednesday
Core PCE Price Index on Thursday
NFP + ISM Manufacturing PMI on Friday
Very high impact news for Gold this week, anticipating a lot of volume of volatility. Good US data will be bearish for GOLD so price could continue the current downtrend
Check out News This Week 28th August for scenarios
Opmerkingen