what happens when gold is approaching the 1968 support zone
Updated
GOLD has continued its short-term downtrend and fallen around the target area we set in the 1970-1972 area. According to the correct analysis, the downward wave will end today.
From a technical perspective, if gold wants to increase, it needs to maintain stability above 198x in today's trading session and close the daily candle above that zone.
The bullish structure remains intact as long as the daily candle does not close below 1868. and the outlook for a bullish future remains secure.
In case gold cannot trade above 198x today, it is likely that this decline will last until the end of the week.
From a technical perspective, if gold wants to increase, it needs to maintain stability above 198x in today's trading session and close the daily candle above that zone.
The bullish structure remains intact as long as the daily candle does not close below 1868. and the outlook for a bullish future remains secure.
In case gold cannot trade above 198x today, it is likely that this decline will last until the end of the week.
Note
BUY GOLD scalping 1969-1967Note
Gold really reach 1965, we cut loss this signals
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