If the market cannot break the trend line then we will go for long but if the market break the trend line we need to wait the market making a retest and we will have opportunities to short a market
I have 2 Options for this week
we will take long position in case the market bounce from the demand zone and we will go for short in case the market break the demand zone and making retest
From my Opinion; the market makes a sideway and if the candle is not strong enough to break the demand zone then we can go for long with 2 TP on the run:)))
Stoch RSI 14 : Oversold Status now
1830 still remains as the best support & buying position on GOLD.
We have a minor support at 1840 level, but very risky. And 1876 still remains as the resistance at the top.
Mostly still bullish:
1830 act as Strong Resistance
we have new support Zone at 1805.67
no buy or sell at the middle just wait until the price reach support or resistance level
If market reverse from 1830 go for short
TP: 1805.67
If market bounce from 1805.67 go for long
TP: 1830
