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
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.
📈 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.