Gold- Still flirting with support

3 ธ.ค. 2021

I was bearish Gold all week, and so far, so good.
However, I can't ignore the fact that the price is stalling around 1770 support, and after yesterday's dip under this support, it reversed pretty quickly.
My outlook remains bearish but decided to lift some weight off my short trades
At this moment 1795 acts as resistance, and if the week is closing near 1800 we will also have a bullish pin bar from support, which is really not good for bears
Under 1800 Gold is still bearish though, so I will remain open with some of my short trades