two possible scenarios
first
price will retest 1780 and reject going down in this case gold will trade higher tp 1820
second scenario
gold would show a fake break out and reach 1800 and show solid rejection and close blow 1780
in this case gold will trade lower tp 1740
first
price will retest 1780 and reject going down in this case gold will trade higher tp 1820
second scenario
gold would show a fake break out and reach 1800 and show solid rejection and close blow 1780
in this case gold will trade lower tp 1740
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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.