GOLD: CANDLES SPEAK: 13.03.2021

There was a very interesting battle on Friday. The bears were trying hard to ensure that the downfall continues. However, by the end of the day the bulls managed to close just 2 pips above the daily 8 EMA line. Just 2 pips!

The daily candle looks like a Dragonfly Doji that comes with the moderate bullish odds.

Tomorrow, that one hour between the time market opens and the time the week closes at 7 PM EST would really be crucial for forecasting the next multiple weeks and, possibly, months.

I outlined the possible scenarios in my post two days ago here: https://investingangles.com/2021/03/11/gold-candles-speak-11-03-2021/

Everything stands.
I am planning the weekly update tomorrow after the weekly closing print.

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