Today is Friday and the last day of the week, we need Gold to hold its support. But A daily break above 1872 coupled with consolidation above downtrend lines is a significant achievement.
In any case Gold has unfinished business at 1900 and 1945 and these two targets will be hit. The question is how and when. In my opinion now that price has broken through extremely strong resistance zone at 1860-1872 is the best time for this to happen.
We just need it to hold its own against sellers for today and we are done.
In any case Gold has unfinished business at 1900 and 1945 and these two targets will be hit. The question is how and when. In my opinion now that price has broken through extremely strong resistance zone at 1860-1872 is the best time for this to happen.
We just need it to hold its own against sellers for today and we are done.
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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.