GOLD bear is taking some rest to move towards south
GOLD
Yesterday it has broadly reached 1854.00 level which is a low volume area. And found some minor support and making a short-term rebound towards .618 Fibonacci retracement level which is a next support level for the bear. before that August 21 low 1882.425 will act as resistance
If the 1895.00 level is broken then bull surely visit the 1900.00 level and may fall near-term. price action at this level will determine the next move
For the past three days the price is trading below the Ichimoku cloud and today its broadly moved above the cloud
If the 1900.00 is broken the n 1926.00 will be a challenging level for the bull. If you have any opinion about this pair leave your comments below
Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
Yesterday it has broadly reached 1854.00 level which is a low volume area. And found some minor support and making a short-term rebound towards .618 Fibonacci retracement level which is a next support level for the bear. before that August 21 low 1882.425 will act as resistance
If the 1895.00 level is broken then bull surely visit the 1900.00 level and may fall near-term. price action at this level will determine the next move
For the past three days the price is trading below the Ichimoku cloud and today its broadly moved above the cloud
If the 1900.00 is broken the n 1926.00 will be a challenging level for the bull. If you have any opinion about this pair leave your comments below
Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
Related publications
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.