GOLD (XAUUSD): Key Level to Watch 🥇

Hey traders,

Gold broke a key horizontal structure yesterday.
Here is my latest structure analysis.

Resistance 1: 1784 - 1790 area.
Resistance 2: 1805 - 1814 area.

Support 1: 1752 - 1758 area.
Support 2: 1722 - 1728 area.

As you can see, the price did not manage to reach Support 1 after a breakout.
For that reasons, I remain bearish biased and assume that the market will go lower soon.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

ความคิดเห็น:

Check my new idea on EURGBP: