Hey traders,
Here is my latest structure analysis for Gold.
Support 1: 1721.0 - 1726.0 area
Support 2: 1677.0 - 1683.0 area
Resistance 1: 1753.0 - 1768.0 area
Resistance 2: 1780.0 - 1808.0 area
As you can see, the market is currently trading on Support 1.
I am waiting for a confirmation to buy to catch a pullback from that.
Alternatively, its bearish breakout will trigger a bearish continuation.
❤️If you have any questions, please, ask me in the comment section.
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Note
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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.