Gold : Current Price Action Formation
Gold is currently stuck in sideways move and circling near to weekly pivot (2650) : on H1 we can see that the price action forming a tringle structure and we have to wait for breakout on this structure and we can trade on the side of breakout for Intraday.
For Higher side we have to watch 2685 as resistance and in lower side we have 2630 as support.
For Higher side we have to watch 2685 as resistance and in lower side we have 2630 as support.
Commentaire
breakdown lower trendline and good decline on Intra day ...
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