Gold unable to break yesterday's closing price forming a strong support; I am closing all my position since today's price is playing inside yesterday's solid bullish price I expect the price to rally down to clear any liquidity left. I will wait to see if the price will break the zone 1926 blue lines, that will guide me on the next move. The trend is still bullish. The worst that can happen hear is the price failed to break out of our black marked support and resistance hence we must scalp on the lower time frames between the two zones. Fundamentals look medium.
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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.