Gold is testing the strong upside resistanceÂ
Gold is back up again and is testing the long-term falling trend line resistance 1810 again. A break above this level can lead to a test of 1825 which is a strong horizontal resistance. A rejection from here could lead to a new pullback to 1748. Gold is here still in a heavy long-term consolidation pattern without direction.
Note: look for the short trade entries in case of the reversal bearish pattern or long in case of the confirmed break above 1810
If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.
Take a break from your trading routine and let some funds be run by us! Copy our trades!
