Factors to watch for gold price action- Global stock market- Bearish (Positive for gold) US dollar index –Bullish (negative for gold) US10-year bond yield- Bullish (negative for gold) Technical: The near–term support is around $1780, violation below targets $1750. Significant reversal only below $1750.The yellow metal facing strong resistance $1820, any...
Technical: The near–term support is around $1810, violation below targets $1800/$1780. Significant reversal only below $1750.The yellow metal facing strong resistance $1835, any violation above will take to the next level $1860/$1877/$1912 is possible. DISCLAIMER: ((trade based on your own decision )) <>
GOLD has been making a weekly downtrend All the fundamentals are making bearish pressure If the market reacts to our analysis, it will be a great oportunity TIPS: Enter in a Lower time frame Don't forget stop-loss Plz make confluence with other sources "Don't predict the market, let the market react" "Patience is the success for...
GOLDUSD Daily chart
1906 the horizontal support and blue ascending trend line are holding gold further decline. Once both level are broken seller will target for 1862 and 1818