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JohnLiv
Jul 4, 2020 9:56 AM

1 hr gold's route to 1844 Long

GoldOANDA

Description

Chart shows initial rise although possible I see as unlikely, I do see however an initial drop to the 1763 area then a steady climb up, 1762 stands as good support, 1844 I now see as huge resistance, (see chart link below)

Trend: Long
Resistance: 1844
Support: 1762

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Comments
Trade_them_all_
To get there I don’t see any possibility except a major liquidation happening beforehand. All of the charts( weekly, daily and hourly) indicate a significant deficit of buying demand at the moment.
fernijsp
Is market will open or down ??
What's your idea
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