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GOLD: outlook for next week
Gold Spot / U.S. Dollar
Short
GOLD: outlook for next week
By VasilyTrader
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Updated
May 8, 2019
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May 4, 2019
Trend is bearish.
The market is trading inside a trading range (1287-1267).
After it touched 1267 on Friday, we see good bullish impulse.
Most likely the market will reach the resistance level of the trading range -1287. (preferably, 1285)
It will be a perfect level to sell.
May 8, 2019
Note
market has respected a resistance level
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