Chart made simple and easy on the eye.
Various levels of Support & Resistance areas
Good indication that gold is a trending market
Price broke bullish momentum with a retest on the zone & TL
Adding bearish TL and get 2nd touch, we are waiting for 3rd touch on the TL to make a new Lower High.
From previous data we can see this area is were price consolidates and gets a push from a fundamental leading to a breakout.
Various levels of Support & Resistance areas
Good indication that gold is a trending market
Price broke bullish momentum with a retest on the zone & TL
Adding bearish TL and get 2nd touch, we are waiting for 3rd touch on the TL to make a new Lower High.
From previous data we can see this area is were price consolidates and gets a push from a fundamental leading to a breakout.