Gold looking for lower support before starting up again.
4H support has moved up to 2002 and filled the gap of NFP day which is 1995-2001.
Gold need to retrace for a concrete support befor bullish up again.
As for long-term trend (day & week) pattern, bullish move is almost to the end. It's better to close the short-term buying orders with $24-$44 profit each time.
* 1st support: 2015. 2nd support: 2001.
* Bull & bear boundary: 1990-1995.
Gold need to retrace for a concrete support befor bullish up again.
As for long-term trend (day & week) pattern, bullish move is almost to the end. It's better to close the short-term buying orders with $24-$44 profit each time.
* 1st support: 2015. 2nd support: 2001.
* Bull & bear boundary: 1990-1995.
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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.