Gold under bullish pressure heading for range resistance
1) Gold is in a high volume density zone and entering a void zone, above 1800-1805 price could shoot to 1810-1820 2) After a strong rise, I still expect price to be able to fall from 1800 to 1790 3) The medium term outlook is long. Potential to 1850. 4) Gold is approaching a consolidation move to resistance, but there has not been a test of the zone yet and it is too early to talk about a breakdown of resistance.
The prospect is a pullback from the resistance, but if the level is broken down, the price can go up to 1825.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.