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weekly gold outlook 1st week november

weekly gold outlook 1st week november

weekly gold outlook 1st week november

Last week gold crashed badly and closed below 1180$ , now if gold price click our weekly support of 1145$ and manage to close below our weekly support then expect further weakness in gold upto 1120 – 1090 .

If gold price click our weekly resistance of 1210$ and manage to close above our weekly resistance then expect gold to test upto 1245$ – 1290$ and even more .

Gold weekly outlook conclusion : Last week gold crashed badly and this week again looking weak but a small short covering may occur .

More will update in daily gold outlook

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About mohdarafat

Well nothing special about me a simple guy technical analyst by profession deals in commodities and major stock markets in the world

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