26/11/2020 #gold Consolidating, for a Possible next down
Yesterday was quite a quiet day for gold, my trade plan nailed the top (www.tradingview.com/...Is-the-selling-done/)
Today is holidays so expect another quiet day.
Based on price action, I am looking at a possible higher move before a strong sell.
My bias zone is at 1823.25-24.95 and 1816.3-17.19 is the location for a pullback below further down.
Below targets are 1800.35, 1793.027, 1781-84.37; this support zone should cap low of day. Lower support will be 1774.7.
Above 1824.95, resistance are 1827.63 and 1832.19 should cap high of day. Higher level will be 1843.45.
Today is holidays so expect another quiet day.
Based on price action, I am looking at a possible higher move before a strong sell.
My bias zone is at 1823.25-24.95 and 1816.3-17.19 is the location for a pullback below further down.
Below targets are 1800.35, 1793.027, 1781-84.37; this support zone should cap low of day. Lower support will be 1774.7.
Above 1824.95, resistance are 1827.63 and 1832.19 should cap high of day. Higher level will be 1843.45.
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