Gold at a critical area, could go either way
Gold is trading at a very critical area from where it could go either way.
Price is consolidating at the 4H support.
So, sellers must wait for a break of 1564 before selling further.
Once the other hand, if price fails to break 1564 and bounces here, XAUUSD will probably go higher.
Personally, I am holding sells from above 1575 as I believe Gold will drop more.
Price is consolidating at the 4H support.
So, sellers must wait for a break of 1564 before selling further.
Once the other hand, if price fails to break 1564 and bounces here, XAUUSD will probably go higher.
Personally, I am holding sells from above 1575 as I believe Gold will drop more.
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.