Gold Still in Bart Pattern, Struggling in $1190-$1205 XAUUSD Technical Overview:
Pivot: 1193.70
Key Resistance: 1197.45 - 1200.25 - 1203.59 - 1207.89
Key Support: 1193.70 - 1190.55 - 1188.10 - 1184.22
Day Trading Range: 1186 - 1204
Technical Indicator:
RSI: Indicator shows down side momentum, moving around below 50 level.
MACD: MacD loosing bulls side power.
Moving Average: SMA 55 (1200) & SMA 200 (1198) both are strong resistance for Gold today.
Technical Trade Idea:
Most Likely Scenario: long positions above 1193.70 with targets at 12
