Gold: Lower high confirming? Today's focus: Gold
Pattern – Lower High swing point
Support – 2290.50 to 2315
Resistance – 2338.40
Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Gold on its daily chart.
Do we have a new swing lower in play after sellers formed a lower high? This could be the case, but we still need some confirmation. In today's video, we have run over our thoughts on the price and possibilities we are looking at.
Currently, the USD does not influence Gold too much, but we have the FOMC and NFP this week. Keep an on these releases.
Good trading.
