GOLD Weekly Chart Analysis
Gold respected weekly resistance and closed bearish
GOLD Daily Chart Analysis
Daily time frame is in a minor downtrend making lower highs and lower lows. Support formed on Friday is the new low for week to be either retest or broken to continue down
CPI (Inflation) on Thursday
PPI and Prelim UoM Consumer Sentiment on Friday
Anticipating Gold to continue its downtrend throughout the week
Check out News This Week 7th August for scenarios
Opmerkingen