Gold Weekly Chart Analysis
Weekly broke the previous low and pushed down before pulling up and closing weak bearish
Gold Daily Chart Analysis
Daily time frame continued bearish market structure last week. Candles respected a previous support @1903 and formed a new support there.
Fridays candle closed just below Daily resistance around 1923
USD ISM Manufacturing PMI on Monday
USD Bank Holiday Tuesday - low volume during NY session
USD FOMC Meeting Minutes on Wednesday
USD ADP, Unemployment Claims, ISM Services PMI + JOLTS Job Openings on Thursday
USD NFP + Unemployment Rates on Friday
Big news week for Gold, expecting high volume moves every day except Tuesday.
Check out News This Week July 3rd for scenarios
Comments