Mihai_Iacob

Gold- The bullish and bearish scenarios

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterday Gold fell under 1800 and reached my mentioned potential support zone.
From there, bulls quickly took control and the price reversed leaving a nice Pin Bar visible on the daily chart.
At this moment Gold is in no men's land with resistance at 1820 zone and support on yesterday's low.
Considering yesterday's reversal, my bias is slightly bullish, but I'm waiting for confirmation

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