Market is overall bullish and performing in range from last two days. The upper resistance of 1788 must have to be broken to go long to test 1800 or the lower support of 1750 has to be broken to go short for next few days. Until market is uncertain I'll be out of trade.
Bullish
- Market is overall in Bullish run and over bought
- Gold is trying to make a HL level on 1H Candle
- 4H candle hit will move up and hit the moving average and can go down again
- Gold is in range
- The Upward is only possible if price breaks 1790 level.
Bullish
- Market is overall in Bullish run and over bought
- Gold is trying to make a HL level on 1H Candle
- 4H candle hit will move up and hit the moving average and can go down again
- Gold is in range
- The Upward is only possible if price breaks 1790 level.