GoLd sell
Gold finally broke through a strong level of support around 1855/1860. Anticipating a move down to the last level of daily resistance (before it flew up weeks ago) around 1820. It is currently showing exhaustion at 1831 on H1 timeframe so it is possible we’ll see a pullback to 1850 before dropping, however it is only Monday so we have the rest of the week for the drop to be completed.
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.