gold price weekly forecast

gold price weekly forecast

gold price weekly forecast

XAU/USD ( Gold ) prices crashed last week and closed near 1200$ which is a good psychological support for gold , now this week it has to respect weekly support of 1170$ to get a green sign for relief , if it does’nt and gold manage to close below our weekly support then expect gold price to correct more upto 1140$ – 1105$ .

If gold price click our weekly technical resistance of 1245$ and manage to close above our weekly resistance then expect gold to fire upto 1291$ – 1330$ .

Gold weekly forecast conclusion : Gold trend looking weak for now

More will update in daily gold update


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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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