After a false break under support yesterday, Gold has reversed strongly rising around 300 pips in a very short period of time.
Now the price is consolidating these gains and a new leg up could follow.
Yesterday's high coincides with the falling trend line and a break here could be followed by gains toward 1980 resistance
Now the price is consolidating these gains and a new leg up could follow.
Yesterday's high coincides with the falling trend line and a break here could be followed by gains toward 1980 resistance
Comentário:
Gold reversed exactly from support
1980 could be next now
1980 could be next now
Comentário:
Target reached with 250 pips
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Now 1955 is support and with 1980 still in focus, dips around support should be bought.