Retracement of Gold Decline
Updated
Gold has decline after breaking below the box range and spike down on Monday open.
H4 currently showing sign of reversal , while D1 still bullish with H1 showing strong reversal hammer. Expect a short rebound of Gold to 1960 which might be a zone of support turned resistant from previous box range.
H4 currently showing sign of reversal , while D1 still bullish with H1 showing strong reversal hammer. Expect a short rebound of Gold to 1960 which might be a zone of support turned resistant from previous box range.
Note
1959/1960 Completed. Waiting for the candle to confirm sign of reversal.
Related publications
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.