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