Jad-87

Coming into resistance

Jad-87 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi All

The price of GOLD saw some "bullish" action

is it coming into resistance which was previously proven as support?

The 20SMA 21EMA on the monthly timeframe.

What do you think?

Tnx
Jad
Comment:
resistance cleared.. good move
Comment:
forming a "V shape" recovery from last drop
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.