OANDA:XAUUSD   Gold Spot / U.S. Dollar
1870 is a strong zone from the weekly timeframe. We can see some rejections from the zone already from the daily and H4. If it holds, it should drop to 1833/1827 zone, then 1808, then 1679.6
Levels to watch out for
H4 Should close below 1862.67
Next close below 1850.64(Daily BMS)

Related Ideas

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.