After testing strong support at 1830-1832, Gold initiated its recovery to 1850 zone which has turned into resistance already.
I'm looking closely at DEX but seems like it is still not leaving its bullish momentum and aiming even higher with every candle and it can be a major cause of putting more pressure on gold to move even lower than 1830.
Personally, I'm expecting gold to test 1865 and in extension 1885 to continue its bullish trend.
I'm using a very strict STOP LOSS in this case because for now, Gold is moving around its pivot point.
Share your comments regarding this straight forward biased idea.
I'm looking closely at DEX but seems like it is still not leaving its bullish momentum and aiming even higher with every candle and it can be a major cause of putting more pressure on gold to move even lower than 1830.
Personally, I'm expecting gold to test 1865 and in extension 1885 to continue its bullish trend.
I'm using a very strict STOP LOSS in this case because for now, Gold is moving around its pivot point.
Share your comments regarding this straight forward biased idea.
