Now gold is waiting for the NFP news to decide its direction to either move up /down.
A breakout above 1830 would trigger a bullish run and upwards to 1900.
But there seems to be a lot of support in the region 1792-1808 and 1808 is acting strong support with 1820 a resistance to seeing a further upside to 1830.
Overall it's not clear and gold is gearing up to have big movement after the consolidation area comes to an end.
A breakout above 1830 would trigger a bullish run and upwards to 1900.
But there seems to be a lot of support in the region 1792-1808 and 1808 is acting strong support with 1820 a resistance to seeing a further upside to 1830.
Overall it's not clear and gold is gearing up to have big movement after the consolidation area comes to an end.
注释
Waiting for NFP to release data to decide the potential moments towards the bullish /bearish side.
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