🌹Gold is moving sideways with a wide range from 1950 to 1910. The strong resistance level of 1921 was pushed down by the sellers to the level of 1893 then the buyers in the US session pushed the price back on Wednesday. Gold's weekly candle is a bearish one. Therefore, in the following week, we will sell gold at the level of 1940-1921.
🌹The EU is in a long-term downtrend. Looking at the weekly candlestick chart, the double top has continued the EU downtrend. The EU has previously reacted strongly to the price of the Demand zone in previous years, therefore, the EU is having a strong price reaction in this price zone. It is expected that next week, the EU will likely drop to this demand zone to retest the price. Sell EU soup, TP1: 1.09675, buy EU soup at 1.09310, TP 1.13609.
🌹GU for 4 consecutive days returned to retest the price at the Supply Zone but then all were pushed down by the sellers and as a result, on Friday, the sellers prevailed and ended with a bearish candle. . Combined with the weekly candle is also a bearish candle and the trend of the month is still downtrend. Therefore, next week is expected to sell GU, TP 1.29988.
🌹The March oil month candle is a very nice bearish pinbar. Ad expects the price to return to the price of 80,595. Therefore, the next week, the sell price reached the first level of 94,236. The price will immediately react to this zone and bounce back and then continue to fall.
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