the directional of gold is mixed, 1488 point is strong, in 4 hours chart we can see it turns to a support zone now.
so we have 2 scenarios :
1. Down, we need to break 1476, next target 1467.
2. up, we need to break out 1495 - 1500, next target 1515.
so we have 2 scenarios :
1. Down, we need to break 1476, next target 1467.
2. up, we need to break out 1495 - 1500, next target 1515.
Note
we reach 1515 Target, now we are looking for 1518 and 1530.
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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.