Does it hold?
Gold rallied today on a weaker USD but some late NY session weakness is testing the metal's support. this 1h zone that is is sitting in appears to be the make-or-break area and decision area. If gold can hold here I would see it staying in the channel and meeting the above daily resistance at 1737. A breakdown of 1722 though provides decent shorting opportunities toward the 1h 1714 zone or more conservatively the bottom trend line of the channel. I would imagine indecision until Asia wakes up.
If I had to choose... bullish
If I had to choose... bullish
Pernyataan Penyangkalan
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.