Gold- To reverse from support?
Since the 2k high from 10 days ago, Gold has fallen almost in a stright line, losing 6% of its value (1200 pips).
Now the price of XauUsd is in a strong support zone and at least a correction to the upside is probable.
Bulls can target 1920 resistance
Now the price of XauUsd is in a strong support zone and at least a correction to the upside is probable.
Bulls can target 1920 resistance
Note
Gold has recivered twice today from 1880 zone, the second time, pretty quickly.A good sign for bulls
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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