Gold broke 1st week july resistance of 1809,47. Got rejected and rebounded to a low of 1765,91 where 2nd week august got broken and tested August 1st week. Ranged between the two. Yesterday a break was experienced on 2nd week august, suggesting a target to 3rd week at price 1802. On other hand a fakeout breakout can be the case suggesting last week august is the target at 1747.50.
This is not trading advice it is just opinion being shared to help with expanding knowledge and insight.
This is not trading advice it is just opinion being shared to help with expanding knowledge and insight.
