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My idea of GOLD

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TVC:GOLD   CFDs em Ouro (US$ / OZ)
I was interested in GOLD so I analyzed it and this is my idea


In the 1 month time frame I see the price is in a downtrend, and the price behavior in favor of sellers.
The resistance zone 1708.81 to 1671.60 test will be re-analyzed



In day and 4h time frame I can see the trend is sideway and there is two area in red color , the support is 1659.25 to 1653 and the resistance is 1680.12 to 1675.74
and again the price behavior is heading bearish I expect it will go down to a level 1608.12 in the future.

I hope you like my idea and if you have a different opinion comment down below

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