lambboy3487

Gold broke 1170 lets see the Bulls and Bears duke it out.

lambboy3487 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The fight/focus area is the yellow box.
Bull will try their best to retake the new resistance of 1170.
Bears are gonna try to ride that momentum near the new support of ~1160, while also battling the dowwnard channel that has been alive for the past few days.
Safe trading!
Comment:
If you are interested in joining our private group chat "Gold ETF Hustler" please message me :)
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.