Skandhatrade

#GOLD Waiting for a breakout

TVC:GOLD   CFDs on Gold (US$ / OZ)
#GOLD Price is trading the sideways market once break the market level its will go to the next resistance level 1810
another thing market will be breaking down the level its will go to the next support level 1800

Why we like it:
the market will be sideways waiting for a trend line breakout
watch candle close the trend line
200EMA & 50EMA consolidating

1st Resistance:
1807 - 1810
Next supply area & horizontal swing high resistance

2nd Resistance:
1816
Next supply area & horizontal swing high resistance

1st support
1800 - 1796
Next demand area & horizontal swing high resistance

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