Here it looks like gold broke out of the downtrend and then retested creating support, I have created two levels of support here where price may reach before driving to 1950, 1940 has been tested twice recently and I think if we are to test again it will break this time. Gold could also become shorts if the 2024-2026 2020-2022 zones aren't respected, any potential breakouts could be shorts on pullback down to 1915-1910.
I am BULLISH but always good to be aware of what could happen.
I am BULLISH but always good to be aware of what could happen.