Gold Weekly Analysis - Jan 16th - 20th Monthly Weekly Supply Demand Support Resistance levels.
Market Environment: Uptrend
Note we are moving into all time highs, there may be a large pull back.
The 5 to 6 Day range is around 2500 - 3000 pips, which puts gold in to the 1950 - 1960 area should the price move up.
As gold continues to move up into the 1920 to 1950 monthly supply area expect pull backs of 1,500 pips or more.
Trend continuation at levels of demand that have become support for long trades opportunities, from 1910 - 1900 - 1880
As the week starts the first area of interest during the Asian Session will be the 1925.00 supply resistance area with opportunities to place short trades down to levels of support should price give us trade confirmation, Then look for long, trend continuation trades at levels of support
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