Weekly GOLD Chart says it all!
https://www.tradingview.com/x/CSTGlo4z/
This weekly Gold Chart for XAU/USD shows the price action breaking out and above the consolidation zoned box. This imo means higher prices in the gold price during Fridays' New York Session.
Trade carefully....... when price has really broken out like gold has today, always wait for a big pullback, usually on any timeframe to a 38.2 to 50 Fib level. They work !!
This weekly Gold Chart for XAU/USD shows the price action breaking out and above the consolidation zoned box. This imo means higher prices in the gold price during Fridays' New York Session.
Trade carefully....... when price has really broken out like gold has today, always wait for a big pullback, usually on any timeframe to a 38.2 to 50 Fib level. They work !!
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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.
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.