GOLD
After making an impulse move at the resistance, the market ranged before forming a double top and a divergence. I think, gold might make a pullback to test support from the resistance because price has reached main resistance on the 4H timeframe. I expect a brief correction at the resistance. The 1962.40 support level is the target.
After making an impulse move at the resistance, the market ranged before forming a double top and a divergence. I think, gold might make a pullback to test support from the resistance because price has reached main resistance on the 4H timeframe. I expect a brief correction at the resistance. The 1962.40 support level is the target.