gold analysis 10/2/22

2 thg 10, 2022

New week same routine. This week i belive gold will have a slight push to the downside towards 1625.00-1600 as the weekly and monthly are both opening and that will allow us to buy low and be able to capitalize on a possible gold retracement on the daily which hasnt had a retracement in a while. Short term sells 1625.00-1600 but regardless of what occurs, buys can reach 1700.00+.
Trade at you risk have a great week this just rinse wash and repeat. Have a great trading week!