🥇 GOLD If the bulls hold 1935, the price will rise
Gold is breaking through again. The price is testing the 1950 area.
1) Gold pulls back to support 1935 for a retest 2) The support zone was tested by a false-break 3) The trend is upward. 4) The buyers are not letting the price go below the 1935 area, which is a liquidity zone 5) If the buyers finally keep the level of 1935, the price will form an impulse to 1950
We wait for consolidation above the level of 1935 to buy
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.