#GOLD Price is trading the supply area and it also reacts to the 4HR resistance so it is possible to a drop And the price also expect to touch the 50EMA and Hangingman and Doji candlestick formed in the resistance area
Why we like it: Price is trading to the Resistance 4HR area Hanging man and Doji candlestick formed in the resistance area waiting for 50EMA retracement
1st support: 1822 Next Zone area & horizontal swing Low support
2nd support: 1817 Next Zone area & horizontal swing Low support
1st Resistance 1834 Zone area & horizontal swing high resistance