XAUUSD making very unpredictable moments since last three days. Our last idea hit 200 pips and then reverse without going further high. Currently gold is at strong support level. If respected this level gold might go more high. If break this support gold may fall until 2000/1973 level. You can try buy now after moving up set your BE. If reverse and break level. Will try sell.Fundamentals suggesting in favour of buy but I don't know why a day before yesterday gold fly 500 pips and from yesterday until now it drop back 500 pips.
Current support 2017-2015.
What are your opinions traders
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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.