Hello traders,
A very steep support red line that gold could break it easily.
On that case, a sideways movement is possible first. Keep eyes on the R/S zone for the sideways.
But you should not ignore the green one that was a pressure line now become a support one.
1800 is the keep position that buyers and sellers are fighting for.
This 1st support 1780 is the very close one if sellers win once.
Good luck on gold.
We expect sideways to go first next week.
LESS IS MORE!
A very steep support red line that gold could break it easily.
On that case, a sideways movement is possible first. Keep eyes on the R/S zone for the sideways.
But you should not ignore the green one that was a pressure line now become a support one.
1800 is the keep position that buyers and sellers are fighting for.
This 1st support 1780 is the very close one if sellers win once.
Good luck on gold.
We expect sideways to go first next week.
LESS IS MORE!