Gold Spot / U.S. DollarUpdated Gold pulls back from the moderate resistance level
Hello traders, in my previous Gold analysis I mentioned that
Gold will pullback from the 1985 zone. As you can see, price
reached 1955 today. So, if you followed my idea,
you definitely made 300 pips.
Currently, in the daily chart, Gold we are seeing a couple of bearish
candlesticks. If the zone that I have highlighted in my chart continues to hold,
then you can expect a pullback in Gold to 1910.
Gold will pullback from the 1985 zone. As you can see, price
reached 1955 today. So, if you followed my idea,
you definitely made 300 pips.
Currently, in the daily chart, Gold we are seeing a couple of bearish
candlesticks. If the zone that I have highlighted in my chart continues to hold,
then you can expect a pullback in Gold to 1910.
Note
Bearishness building upNote
4H chart perspective 
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.
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.