In my Friday analysis, I said that Gold is approaching strong resistance and sell zone.
And indeed, the price has started to fall and XauUsd finished the week with a Doji candle (indecision)
At this point, Gold is sitting on short-term support and, in my opinion. rallies should be sold
1820 offers resistance now and bears could target 1790 important support for their trades.
Gold back above 1840 would negate this scenario
And indeed, the price has started to fall and XauUsd finished the week with a Doji candle (indecision)
At this point, Gold is sitting on short-term support and, in my opinion. rallies should be sold
1820 offers resistance now and bears could target 1790 important support for their trades.
Gold back above 1840 would negate this scenario
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