Gold at Strong Support to buy
Gold is Approaching to a strong support zone 1680-1677 which is tested 8 times.
Bearish Indications:
1) Lower Lows
2) Bearish Candle on daily time Frame
3) Next Fib level 50% at 1617 (if support broken)
Bullish Indications:
1) Support Zone at 1680-1677
2) Support confluence ( tested 8 times on daily time frame)
3) July 7 times bullish in last 10 years
4) Divergence on 4 hours time frame
Bearish Indications:
1) Lower Lows
2) Bearish Candle on daily time Frame
3) Next Fib level 50% at 1617 (if support broken)
Bullish Indications:
1) Support Zone at 1680-1677
2) Support confluence ( tested 8 times on daily time frame)
3) July 7 times bullish in last 10 years
4) Divergence on 4 hours time frame
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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.
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.