Here is my updated structure analysis and
important supports & resistances on Gold.
Horizontal Structures
Resistance 1: 2708 - 2732 area
Resistance 2: 2745 - 2761 area
Resistance 3: 2787 - 2790 area
Support 1: 2638 - 2648 area
Support 2: 2586 - 2608 area
Vertical Structures
Vertical Resistance 1: Rising trend line
For now, we can expect a bearish pressure from a Horizontal & Vertical Resistances 1.
Local bearish bias remains.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.