Support:
1820/1814-5/1804-6/1800
Resistance:
1825/1828/1832/1835
Summary:
We wouldn’t suggest you buy at these levels, as we said the market needs a pullback so look for lower support levels if you want to go long, they have been highlighted on the chart.
1824-5 has now become a level of resistance and 1820 a level of support. Break below 1820 its likely we will see more bearish pressure on Gold targeting the lower levels of support. Break and hold above 1825 and we're going higher.
We've tried to illustrate on the chart best as possible what levels to look for.
As always, trade safe.
1820/1814-5/1804-6/1800
Resistance:
1825/1828/1832/1835
Summary:
We wouldn’t suggest you buy at these levels, as we said the market needs a pullback so look for lower support levels if you want to go long, they have been highlighted on the chart.
1824-5 has now become a level of resistance and 1820 a level of support. Break below 1820 its likely we will see more bearish pressure on Gold targeting the lower levels of support. Break and hold above 1825 and we're going higher.
We've tried to illustrate on the chart best as possible what levels to look for.
As always, trade safe.
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
