03/21 Gold Update


Last week we posted a daily chart of gold price noting the possibility of having a turnaround in hand.

This Week

While the downtrend is not yet confirmed we are looking at a potential bearish scenario either as part of a leading diagonal (white scenario below) or a regular and more steep 1-5 (blue labels).

Both scenarios assume sideways or uptrend until late March.

XAUUSD, 2hour

Want to read more?

Subscribe to to keep reading this exclusive post.

Subscribe Now
14 views0 comments

Recent Posts

See All