Watch 1734 for Gold
Updated
Due to the strong firepower in the equities market last night, the safe haven, Gold came tumbled down, more than 2%. Now, we need to assess the price level at 1734. If it breaks out and sustained above it with bullish confirmation, then I will add more longs.
Alternatively, it can retreat to the 1720 level.
Alternatively, it can retreat to the 1720 level.
Note
Yeah, God is great for he continues to bless us abundantly.Note
did you witness the power of the trend line ? See how the price action respect it so well ? Upon touching the bullish trend line, it rebounded. 1725 was another good buying position else now is also goodNote
1734 acting as strong resistance. wait for breakoutNote
we added more at current price
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