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sumeethshankar
Feb 9, 2022 8:59 AM

Xauusd GOLD ANALYSIS, FEBRUARY 9,2022 Short

GOLD (US$/OZ)TVC

Description

Bearish below 1835.

Strong resistance area 1829.8/1833 above that bull will take control and we can expect 1838 zone.

Gold has been bullish since last week and currently hovering at 1827.

A break below 1818, which is a strong support zone will make a visit towards 1811/12 and below that bears with snatch the controls from Bulls and likely targets would be 1804, 1800,1795, 1784, 1780 and below that will open doors for 1770 and 1760/52.
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