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Mihai_Iacob
Nov 29, 2021 2:55 AM

Gold- Big volatility, now what? Long

GoldOANDA

Description

On Friday, Gold reached my 1812 target, and, after a short spike above, dropped like a stone and continued this drop into Monday's open with a low at 1770
Now the price is exactly in the middle of this new range, but most importantly in short-term resistance (1795).
A break above this resistance would confirm last night's drop as a false break under 1780 support and Gold has an open road to Friday's high at 1815
I'm bullish as long as 1780 holds
Comments
MMBTtrader
gold is near local support zones now
ysanjit113
Your analysis is 👌👌👌
FOREXN1
Thanks for your analysis
CobraVanguard
Professional work, I really like it
syhung797
Sell
yonsfx
Lets go
MillionaireEconomics
Your work is good. I do see Hidden Bearish Divergence using Price and RSI but I am not sure if that will matter too much.
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