Hi Traders, here goes another market breakdown on Gold. I'm personally being very flexible on gold especially as a day trader.
Multiple scenarios I'm looking at
1. The way price again approach back towards 1880, if price breaks above 1880, that's the primary sign of bullish continuation
2. Another rejection at 1880 will signal weakness in the market, potentially push price back towards previous swing low (daily chart) around 1800
3. Also pay attention to 1838 minor support structure
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
Multiple scenarios I'm looking at
1. The way price again approach back towards 1880, if price breaks above 1880, that's the primary sign of bullish continuation
2. Another rejection at 1880 will signal weakness in the market, potentially push price back towards previous swing low (daily chart) around 1800
3. Also pay attention to 1838 minor support structure
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
