SroshMayi

GOLD 4H (still bearish)

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD

as we said in the previous idea GOLD has a strong bearish trend.

general, technically:

as long as the price trade under 1832 the direction is bearish to touch 01814 and 1803 because has strong pressure of bearish


otherwise, stabilizing the price above 1832 supports the direction to touch 1850 and 1860

but now also it is possible to do a retest till 1832 and then will drop


Pivot Price: 1832
support price: 1824 & 1814 & 1803
resistance price: 1850 & 1860 & 1870

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