– Previous Weekly candle closed extremely Bullish at 2329.800, Friday Daily candle also closed strong Bullish forming a new historical high for the price of Gold. I’ll be looking for potential Buys above 2330.000 targeting potential Key Level around 2340.000 and Strong Key Level around 2350.000. II’ll be looking for potential Sells below 2314.800 targeting 4h previous Resistance formed around 2304.500 and next Hourly Support around 2290.900. Despite Gold being extremely Bullish in the last 2 Weeks there is a good probability for aggressive pullback on the lower timeframe as price forms new Highs.
