I suspect gold is likely to move higher into 1486.50 - 1563.00 level.
I want to see price move lower run stops on weak longs into the support @ 1366.00 level. I want to see a rejection at this level and more buyers piling in moving price higher. I will hunt for bullish setups for a buy.
Note
Correction: 1366.00 level support not resistance.
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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.