Gold rejected from important key level 1831 which is also 50% Fibo level!
Bears strongly push the price down at this level, it has high probability to break the support at 1793.
Hence you can go short after breakout. It also depends on tomorrow's NFP report in the US(6-Aug). You can wait till then
Goodluck.
Bears strongly push the price down at this level, it has high probability to break the support at 1793.
Hence you can go short after breakout. It also depends on tomorrow's NFP report in the US(6-Aug). You can wait till then
Goodluck.