Gold Weekly Outlook · Week 45 🟡
The $3,880 key demand from last week was hit perfectly, with a nice bull reaction on the level.
Weekly: bullish RSI divergence in play. If this low holds, a bull correction toward $4,150 to $4,200 may be seen.
Still globally bearish on the weekly under $4,180 and $4,410.
Daily: still inside a wedge. A daily close above $4,050 would help bulls, but rejection is possible there.
Setup I watch: $3,980 support test, then $4,200.
Full outlook on CryptoJobs3.com · Analysis Hub
Educational only, NFA
#GOLD #XAUT $XAUT
The $3,880 key demand from last week was hit perfectly, with a nice bull reaction on the level.
Weekly: bullish RSI divergence in play. If this low holds, a bull correction toward $4,150 to $4,200 may be seen.
Still globally bearish on the weekly under $4,180 and $4,410.
Daily: still inside a wedge. A daily close above $4,050 would help bulls, but rejection is possible there.
Setup I watch: $3,980 support test, then $4,200.
Full outlook on CryptoJobs3.com · Analysis Hub
Educational only, NFA
#GOLD #XAUT $XAUT
