Gold- will it break above resistance?
After the strong reversal on Friday, last week, marked by a small double bottom in 1720 zone, Gold has risen 400 pips and. now is trading in interim 17660-1765 resistance zone.
Bulls are in control now, and a break above can be only a matter of time.
The next important resistance zone is 1780-1785 zone and this can also be the target for long trades
1750 is now support
Bulls are in control now, and a break above can be only a matter of time.
The next important resistance zone is 1780-1785 zone and this can also be the target for long trades
1750 is now support
Note
And up we broke
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.