Thursday, August 27, 2020

Gold With Support Around Daily Bracket Low – Possible Inside Week Failure

Gold is quite rotational and found support around the current bracket low on the daily periodicity. 

 Macro perspective such as the Quarterly view testing the macro bracket high while the monthly is framing higher. Previous week was an inside week and the market found absorption around the prior low which could evovle into a bullish inside week failure.

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