Gold- slightly bullish above 1925
Gold has had a hard last week with the price dropping 700 pips from 1990 recent top.
Bulls managed to put a stop on this selloff around 1915 and Friday close was above 1930 with a Doji candle on the daily chart.
At this point, Gold is trading in "no men's land" at around 1940, and with clear resistance at 1950-1955 and support at 1920 zone gold doesn't have a clear direction for now.
I will try to trade this range with buy orders in support and sell orders at resistance with a slightly bullish bias
Bulls managed to put a stop on this selloff around 1915 and Friday close was above 1930 with a Doji candle on the daily chart.
At this point, Gold is trading in "no men's land" at around 1940, and with clear resistance at 1950-1955 and support at 1920 zone gold doesn't have a clear direction for now.
I will try to trade this range with buy orders in support and sell orders at resistance with a slightly bullish bias
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t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
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