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investorresource
Jul 6, 2019 7:08 AM

GOLD 5 JUL 2019 Short

GoldOANDA

Description

Fundamental analysis: The publication of Non-Farm Payrolls monthly report is good, the result push gold price dropped sharply.

Technical analysis: The price formed multiple bearish pin bars at the major resistance zone 1425 - 1440. Gold may drop down and consolidate in the short term. After correction, it may go up higher.

Resistance level at 1398, 1425, 1440
Support level at 1375, 1348 - 1358
Comments
Bullandbeartrading
Great Input, thats awesome, @investorresource
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