What's Next For Gold After Breaking Below 1800 Level?

7 בפבר׳ 2021

With gold closed below the 1800 level on 04.02.21, more low should be expected. Next trading day saw gold ending bullish, giving and inside-bar pattern which temporarily is a bullish signal and capable of rally gold up to next resistant level - possibly 1845 level. Selling pressure expected thereafter to then drag the metal to test the low at 1787 or further down.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades