Gold broke 1850, now what?
As I said yesterday and expected, at the first sign of USD power Gold will dive under 1850.
The trigger for this drop was another new vaccine, but, those of you who watched Gold's price action closely saw that it really lacked power.
At this point, XauUsd has a low around 1820, and this zone also coincides with an old congestion zone.
I'm my opinion dips around this zone should be bought and, on the other hand, a correction towards 1850 should be sold
The trigger for this drop was another new vaccine, but, those of you who watched Gold's price action closely saw that it really lacked power.
At this point, XauUsd has a low around 1820, and this zone also coincides with an old congestion zone.
I'm my opinion dips around this zone should be bought and, on the other hand, a correction towards 1850 should be sold
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