Pitbull_4L

GOLD WEEKLY ANALYSIS

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
With Fridays fundamentals causing volatility in the market we will be looking for a pullback for gold in order to continue heading upwards.

For the months of April and May you will see bearish structure and since June has began we are starting to reverse and head back to the upside.

Could we see gold going back to 2000? Maybe, with this upcoming week gold is targeting the 1917 region as 1917 has been a major support level.

Have a good week traders.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.