sinanosrati18

Gold is on its strong resistance

OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I forecasted in previous analysis, Gold declined to its support area 1760 before hitting its new strong resistance 1790 for the second time.
Now there are two options, the consolidation of the price below the lvl 1790 will let the pair go down to it's strong support 1750~1760 and 1720~1730 but the long position will become relevant above the lvl 1795 with the first target 1810~1815.
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