Price currently ranging in between 1680.51 as its resistance & 1656.16 as its support. now if price respects the support & closes above the resistance, then it could continue to push up to the next zones at 1692.36 or all the way to 1707.02 to make a retest on the newly forming downtrendline. And if price respects the resistance & closes below the support the it could continue pushing down creating new lower low on a HTF.
GoldgoldanalysisgoldchartgolddailygoldtradingTrend AnalysisXAUUSDxauusdanalysisxauusdchartxauusddaily
mightybullcapital

Related publications

Disclaimer