After reassessing my last trade and going through the latest updates i think that gold prices might increase. The fundamental reasons are obvious like the geopolitical tension and economical warfare between the world's greatest economies.
3385 has been a turning point as market after dropping from this area entered in a range between 3270 and 3370. now market has crossed that area and has already touched the high 3440. after dropping from this area market has returned to the same point but no h4 closing is given below this area.
Technical Analysis: Supporting Area 3350, 3328, 3300
resistance: 3400, 3440, 3500
3385 has been a turning point as market after dropping from this area entered in a range between 3270 and 3370. now market has crossed that area and has already touched the high 3440. after dropping from this area market has returned to the same point but no h4 closing is given below this area.
Technical Analysis: Supporting Area 3350, 3328, 3300
resistance: 3400, 3440, 3500
Trade ativo
first target 3415 was reached and now market is back to 3320 testing the supporting area 
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.