Were will gold retrace? Gold still bearisch
Goodmorning guys.
Yesterday was a suprising day for gold. Gold kept declining and broke 2 bigger support levels without a sweat. Especially the 1885 support suprised me. There was almost no rejection at this Support level. Below 1885 it's a free fall for gold because there is not much support levels located.
For now i am waiting for gold to retrace first. and sell the high again.
Resistance levels: 1885, 1900, 1915
Support levels: 1858,1830
Yesterday was a suprising day for gold. Gold kept declining and broke 2 bigger support levels without a sweat. Especially the 1885 support suprised me. There was almost no rejection at this Support level. Below 1885 it's a free fall for gold because there is not much support levels located.
For now i am waiting for gold to retrace first. and sell the high again.
Resistance levels: 1885, 1900, 1915
Support levels: 1858,1830
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