gold to retrace back 1979
#XAUUSD price decline selling yesterday following some movement on it, today we expect price reverse below 1979-1976, Gold needs to break 1996 to start this retracment, because 1996 is a weak zone but if possible price makes breakout above 2000 it still have possibility to sell. Sell gold 1996 stop loss 2001, price above 2002 buy stop
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.