Gold outlook for the rest of the week

12 thg 9

We should have made this week's high yesterday just before CPI news so current outlook is bearish, expecting a retest of the H4 Engulfing before price continues to the downside to create a new weekly low.

12 thg 9

Ghi chú

**UPDATE** Price does does not need to touch the bottom blue box for this trade idea to be valid, however price needs to touch the level 2519.57 (just below the yellow box) for validation.