Hey traders,
Since the middle of October, Gold is trading in sideways on a daily.
While the market remains indecisive, here are the key levels for you to watch.
Resistance 1:
1807 - 1814 is the closest resistance & October's high.
Resistance 2:
1827 - 1834 is the key resistance based on Autumn's high.
Support 1:
1757 - 1764 brand new October's structure.
Respected 2 times in a row in October.
Support 2:
1719 - 1726 major daily support based on year's low.
Consider the underlined levels for a pullback/breakout trading.
Once the level is reached, wait for a confirmation before you open a trading position.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.