FX:XAUUSD   Gold Spot / U.S. Dollar
1
Current drop down to the support area is a good opportunity to get long positions with the tight stop loss. Expecting Gold to progress to the up side on the longer period of time and next serious resistance should be around 1,750.00 area. Below current support levels (1,630.00) Gold will become a bear market.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.