Headed for Support
Updated
Gold seems to have broken a consolidation phase, and price action seems to be headed to the downside. Immediate barriers below, will be potential regions of interest for a bullish pullback. A break below of the support structures of 2658 and 2600 will likely spearhead selling continuation as the yellow metal develops. Alternatively, finding support on these barriers the pullback may potentially be established.
Trade active
Target one hit! Hopefull for the next target.Note
The bull run is active price action managed to find support at 2658. As the yellow metal develops, it may likely head towards 2721, 2771, and possibly the all-time high.Trade closed manually
The bull run was shortlived, as bearish pressure was dominant. The Sell reached the last target.
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