Gold has retraced from a new structure high.
Now 2060 is our new key resistance level.
yesterday's daily candle got rejected from two crossing trend lines.
Now 1860 is our closest structure support.
1680 will be the next support.
it is based on a spring's market high.
for now it is not clear how the price will act,
however, key levels are the points from where we can look for trading opportunities.
good luck!
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✅My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
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✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.