Looks like gold found some support on this trend line dating back to 2019. As you can see price action printed a bullish engulfing candle days ago.Price should turn around at this point.
This is simply my idea. Please let me know what you think. I am open for discussion.
Looks like Gold may have found some support and will be pushing upwards back to $1780, then $1815 areas.
Not a financial advisor.
This is only my educated guess based on price action, supply and demand, and trend lines.
Please feel free to comment any ideas and thoughts on this idea.
Thank you!! :)
Check out my BTC short idea. I am in no way an expert trader or a financial adviser. Based Strictly on price action.
Let me know what you think. I am open to all comments and idea.
Good luck guys and gals!