Here we have weekly trend line which is become resistance line recently.
In my opinion for today gold has 3 scenarios:
1- sideway 1743 - 1758 50%
2- price breakout the resistance line, stabilized over 1764 and rises up to 1775 30%
3- reversal price down to 1730 and so 1710 20%
In my opinion for today gold has 3 scenarios:
1- sideway 1743 - 1758 50%
2- price breakout the resistance line, stabilized over 1764 and rises up to 1775 30%
3- reversal price down to 1730 and so 1710 20%
Trade closed: target reached:
1776 is reached
