GOLD (XAU/USD) – Week 18 – Targeting the trendline.
Updated
Last week, we anticipated Gold to finish the consolidation and take off towards the trendline. Instead, the market decided to correct deeper, but our expectations remain the same.
For this week, we expect Gold to finish the corrective pattern and head towards our trendline target.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week, we expect Gold to finish the corrective pattern and head towards our trendline target.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade closed: target reached
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