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Gold Out Look
As we had a rally upward last week and got tons of Profits following Technicals as well as this week is concerned still bullish in GOLD
Confluences
So gold is bullish and we are too bullish on Gold if Price breaks above 2752 level of previous ATH it will go bullish to its physiological level
Confluences
- Price is following a bullish channel and show some rejection from channel last week
- 50 SMA on H1 is also bullish
- From Monthly to weekly to daily to H4 to H1 to M30 to M15 gold is all bullish
- Geopolitical situations are also in favour of Gold price as Iran and Israel tension has escalated last week closing we can see a rally upwards
So gold is bullish and we are too bullish on Gold if Price breaks above 2752 level of previous ATH it will go bullish to its physiological level
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