Gold sitting on 12M support

I'm not an expert on precious metals, but from a TA point of view,
Candle closes of high timeframes can provide for some good support/resistance levels.
And 3 days ago, on the 8th of march, we bounced on this massive candle close!

Komentar:

this massive candle close = a yearly candle close!
It was a good level to close shorts on Gold (:

Trade aktif:

That support level was really wel respected!