Yesterday I said that 1725-1730 is the lime in the sand for Gold, and, indeed, the price reversed from that zone.
However, after a steep drop, Gold found new support above 1700 making this zone a higher low.
Although a reversal is not confirmed yet, the adds are in favor of one and a break above 1725 would also put a double bottom in play.
I'm bullsh Gold at this moment and I'm looking to buy dips
However, after a steep drop, Gold found new support above 1700 making this zone a higher low.
Although a reversal is not confirmed yet, the adds are in favor of one and a break above 1725 would also put a double bottom in play.
I'm bullsh Gold at this moment and I'm looking to buy dips
📈 Forex & XAU/USD Channel:
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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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.