


FinancialTrading
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since Oct 21, 2019
gold
sell
supportandresistance
takeprofit
trendanalysis
trendline
usd
xauusd
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Bears target - $1457.50 trend line. After that there isn't any strong support zones till $1448.
7
Every Wick that has entered the pink zone the market has fallen back to the green zone which is $1485 - $1492 If you follow the red arrows i have placed, you'll be able to see where the market falls to. If GOLD does pull back like before then i am expecting GOLD to reach the support level and it to break in order for GOLD to reach $1490 or lower.
10
I see GOLD pushing up to 1510 which has some good resistance in that area. Resistance trend line meets well with the 1510 resistance. Good opportunity for the Bears to step in and send GOLD back to 1500 or lower.
7
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