First of all i think Gold will likely to remain range bound in Range of: 2623-2670.
Chart: What I see on chart is lower lows and a Double Top. That tell me to buy the bottom and sell the Top until on side breakout. We have a Order block standing 2623-2630. Price near will be a buy call for me until order block is invalidated.
MACD , moving averages, Ichimoku cloud is range bound to bullish.
Price near 2670 I will chose to sell. And if major escalation on Iran/Israel front break out, I will be on buy side only, I will not sell Gold then.
Dollar is on other hand is strong with Strong NFP results on Friday. The dollar will keep strong in light of economic results and War situation in Middle East where investment is shifting on safe Heavens ( Dollar & Gold)
Good Luck !!
Chart: What I see on chart is lower lows and a Double Top. That tell me to buy the bottom and sell the Top until on side breakout. We have a Order block standing 2623-2630. Price near will be a buy call for me until order block is invalidated.
MACD , moving averages, Ichimoku cloud is range bound to bullish.
Price near 2670 I will chose to sell. And if major escalation on Iran/Israel front break out, I will be on buy side only, I will not sell Gold then.
Dollar is on other hand is strong with Strong NFP results on Friday. The dollar will keep strong in light of economic results and War situation in Middle East where investment is shifting on safe Heavens ( Dollar & Gold)
Good Luck !!
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