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Gold Spot / U.S. Dollar
Gold
By vanathi
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Updated
Nov 9, 2023
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Nov 8, 2023
Price has fallen from 2000 zone to 1956. It gave a very good trending move.
Now, what next?
Resistance is seen at 1968 - 1972. Support at 1954 - 1956.
To be bullish, price have to sustain above the resistance. And to be bearish, price have to break the recent low it has made.
Till price gains strength and decides the direction, it is expected to move within the range 1956 to 1972.
Do your own analysis.
Nov 8, 2023
Note
Towards 1956 zone.
Nov 9, 2023
Note
At support. If it is broken, then 1942 zone.
Support and Resistance
vanathi
Mod
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Role I play here : Moderator.
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