What we have seen from gold is that we have been up trending from the flash trade that happened and we have come up to retest the level of resistance at 1833 after we came down first to retest the daily support created at 1807 then we had that strong the impulse to that strong supply zone.
My analysis is very clearly labeled on the chart and I would like to wait for the pull back to retest the old resistance as new levels of support before we start breaking the highs and head up the clean traffic to the left hand side and then take the buys.
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.