Gold- where to?
There are already 5 trading days since Gold is trading in a tight range with clear support around 1750 and resistance in 1765 zone.
Considering the Pin Bar reversal on the weekly chart (last week) the odds are in bulls favour and a sustained break above 1765 would expose 1780 zone resistance.
This scenario is valid as long as the price stays above support.
Considering the Pin Bar reversal on the weekly chart (last week) the odds are in bulls favour and a sustained break above 1765 would expose 1780 zone resistance.
This scenario is valid as long as the price stays above support.
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