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Eightcap
Mar 27, 2024 4:16 AM

Gold: Thoughts and Analysis  Long

Gold / US DollarEightcap

Description

Today's focus: Gold

Pattern – Price range
Support – 2154
Resistance – 2187

Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold daily.

What are we discussing and asking today after looking at Gold?

Could a close above resistance be the move that starts a new continuation higher?

If we see a break below support, this could be a false break and could set up a final HL.

Could buyers be out of gas as price consolidates and can't break resistance?

Good trading.
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