Gold is facing strong resistance
With Ukraine, conflict Gold has managed to break above 1830 resistance followed by breaking above 1870 resistance.
In my opinion, this conflict is already priced in and a correction should follow.
1910-1920 is a strong resistance zone and I expect a drop and retest of 1870 now support.
That being said I will look to sell rallies above 1910
In my opinion, this conflict is already priced in and a correction should follow.
1910-1920 is a strong resistance zone and I expect a drop and retest of 1870 now support.
That being said I will look to sell rallies above 1910
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