Gold has structure retest and hits the resistance zone around 1780-1795. It might need a little pullback here.
On the 4-hour chart gold has a little inverted hammer candle at the top. Plus the fibo retracement 62.5 is at 1776.
Thus, gold could retrace back to the previous structure and support 1750-1760.
On the 4-hour chart gold has a little inverted hammer candle at the top. Plus the fibo retracement 62.5 is at 1776.
Thus, gold could retrace back to the previous structure and support 1750-1760.
Commentaire:
Gold could hit 1790-1795 before any meaningful pullback happens.
