Disliked{quote} sorry, i dont understand: you say gold next week up, while Akim said down...isnt it?Ignored
BUT if you look weekly chart ,price is going lower in an overall UPTREND .
What will happens none knows . We trade with probabilities.
For price to go test higher and lower of MA's can also be the case next week .
Price closed above MBB and 50EMA so has a chance to go higher .Lets say for example , price open lower and keeps going lower all week but FRIDAY decide to go hit higher MAHI5/10 .
How do to characterize this move ??? as going higher or lower??
I gave you 3 reasons why price MAYBE go higher(REJECT MALO5/10-ABOVE 50EMA-REJECTMBB) .Give me your reasons why NOT and dont use what AKIM may said or not .Give me his reasons why he said it.If you can , then you understand .If not then you need to read more.
For every trade you need to look all the right reasons to take OR not take the trade .
In 4TF , you find other reasons to say that price will go down.Reject 50EMA and Mdd and need to retest lower MALO5/10.
So after all above , if you didnt get it , i am saying that ONLY on the chart you post , price probable will test higher .
All the above is just my opinion .
Zzzzz
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