As you see the price broke up the local level yesterday and several times bounced off it.
This is not a signal to buy gold, because this chart is too weak and the timeframe H1 isn't good for global analysis.
But we should pay attention to such support zones before to trade it.
Good luck with your trades and thank you for your support!
This is not a signal to buy gold, because this chart is too weak and the timeframe H1 isn't good for global analysis.
But we should pay attention to such support zones before to trade it.
Good luck with your trades and thank you for your support!
Note
Note
my previous analysisNote
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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.