Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GOLD: market to achieve 89 Moving Average
2019-11-11 • Updated
There's a 'Triple Top' pattern, which led to the current consolidation. Also, we've got a bearish 'Thorn', which has been confirmed. Thus, the market is likely going to achieve the 89 Moving Average in the short term. If a pullback from this line happens little later on, bulls will probably try to reach the previously tested resistance at 1328.85 - 1331.82.
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