Expecting Gold to drop after ranging between resistance and support levels of 1886.00 and 1863.00. Expecting bearish correction to continue after Gold reached highs of 1960.00 within the last few weeks as the dollar continues to strengthen.
I have based my analysis on the last time Gold saw current price points in first week of January of this year.
Sell Entry: 1859.00
Targets: 1856.00 | 1852.00 | 1844.00 | 1841.00 | 1838.00 | 1835.00 | 1832.00 | 1830.00
Support: 1826.50
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I have based my analysis on the last time Gold saw current price points in first week of January of this year.
Sell Entry: 1859.00
Targets: 1856.00 | 1852.00 | 1844.00 | 1841.00 | 1838.00 | 1835.00 | 1832.00 | 1830.00
Support: 1826.50
Be sure to like this post and let me know what you think in the comments below.
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