Given the current price action Gold is Bearish for me. Overall I know the price is Bullish but as of right now it is Bearish. If current price can hold the short term resistance of 2577 I think gold will test the 2472 support or come close before flipping and continuing its Bullish move back to ATH and possibly higher. Any feedback is appreciated :)
Currently Price has found a strong support and in the past has shown that it can go to the ATH price. When the market opens back up if this level holds I will be bullish on US30 but if price cannot hold and the price breaks through support I will be waiting for Price to retest that new resistance and I will look to go bearish to the nearest support level....
Only going off of what information the chart has showed and in no way trying to predict anything. This week I'm bearish on Nas100 looking for it to retest the new resistance that was once support to see if it will hold. If price can stay under that resistance I will be looking to enter a trade at that level and targeting previous support. I try to keep trading...