Gold: Thoughts and Analysis
Today's focus: Gold
Pattern – Price range
Support – 2154
Resistance – 2187
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold daily.
What are we discussing and asking today after looking at Gold?
Could a close above resistance be the move that starts a new continuation higher?
If we see a break below support, this could be a false break and could set up a final HL.
Could buyers be out of gas as price consolidates and can't break resistance?
Good trading.
Pattern – Price range
Support – 2154
Resistance – 2187
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold daily.
What are we discussing and asking today after looking at Gold?
Could a close above resistance be the move that starts a new continuation higher?
If we see a break below support, this could be a false break and could set up a final HL.
Could buyers be out of gas as price consolidates and can't break resistance?
Good trading.
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