On D1 we see gold rising on the back of a weakening
On H1, the price is updating the local support (false breakout) on the background of bullish news for gold. And this is a logical scenario before further growth. I warned you that before the growth, even on good news, the price can go down.
Now it is important for us to see the price consolidation above the mentioned liquidity area.
Support levels: 2075, 2070, 2069
Resistance levels: 2079, 2082, 2088, 2100
I expect growth after the price fixation above the mentioned support area.
Regards R. Linda!
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