Gold looking for lower support. Critical: 2020!
As I've mentioned yesterday, long-term bullish moved 5 high points, but 4H only 2. Critical points on NFP day will be 2020 and 2060. Short-term pattern (5&15 minutes) so far show a bearish move targeting 2030 & 2020. Cricital support is 2020.
No bullish chasing if gold moves to 2060-2070 because it's already 3 days with green candlestick.
* 1st resistance: 2060. 2nd resistance: 2069.
* 1st support: 2030. 2nd support: 2020.
* Bull & bear boundary: 1985-1990.
No bullish chasing if gold moves to 2060-2070 because it's already 3 days with green candlestick.
* 1st resistance: 2060. 2nd resistance: 2069.
* 1st support: 2030. 2nd support: 2020.
* Bull & bear boundary: 1985-1990.
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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.