Gold Support and Resistance Levels
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Gold Support and Resistance levels to look for entries as of now current trend is clear downtrend in past week with dollar index on rise more fall expecting this week,Only above 2035-2040 area sustains it will change character to bullish until then sell on rise applies or buy on support levels to target above minor resistance areas (scalping).
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Posting DXY chart for referenceЗаметка
2022 at minor resistance Заметка
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2022 area failed to hold as resistance might test 2030 area againЗаметка
2030 area now acting as resistance Заметка
2030 area rejected now trading at 2018Заметка
Stll bearish below 2050 this 2040 area is important now as DXY is also trying to go past 105 comming days expecting gold will test 2000 levels if sustains below 2040 area.Заметка
2050 area successfully broke and rallied 
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