Time frame - Short term
Our bias - Sell
Gold continue to move down and a stronger support will see at 1820 range. If able to bounce off , we will see a target of 1910 as overall trend in a large time frame is till an uptrend.
However, we would want the consolidation near the base of 1820 , otherwise a strong breakdown could happen.
Our bias - Sell
Gold continue to move down and a stronger support will see at 1820 range. If able to bounce off , we will see a target of 1910 as overall trend in a large time frame is till an uptrend.
However, we would want the consolidation near the base of 1820 , otherwise a strong breakdown could happen.
Note
Support happens at 1870 . As long as 1870 remains, we will see price to bounce back to 1910
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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.