GOLD is trading between resistance 1724, which is the liquidity zone (local) and support 1690, the global liquidity zone, which I believe is the key target for the whole market.
We can see on the chart that the price is a little short of the local low of 1724 and reverses. I think the decline will continue to the support.
I assume that the price can test the support and the liquidity zone 1690, after the liquidity capture the impulse surge and the price rollback to the nearest resistance 1725 is possible
Regards R. Linda!
We can see on the chart that the price is a little short of the local low of 1724 and reverses. I think the decline will continue to the support.
I assume that the price can test the support and the liquidity zone 1690, after the liquidity capture the impulse surge and the price rollback to the nearest resistance 1725 is possible
Regards R. Linda!
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