As we can see, gold price rebounce from support level 1892 and currently creating a bullish reversal candle. If can defend 1892 Support, the gold price will go up looking and testing the next resistances area. If the support 1892 broken, so it will test the next support area. Overall direction still bearish.
For the recent chart, the current supports and resistances area are as follow :
Support : 1892, 1875, 1858, 1848 and 1841
Resistance : 1907, 1926, 1936, 1945
Disclaimer : This technical analysis is for education purpose only.
Footnote : ENMFL (English Not My First Language) :-)
For the recent chart, the current supports and resistances area are as follow :
Support : 1892, 1875, 1858, 1848 and 1841
Resistance : 1907, 1926, 1936, 1945
Disclaimer : This technical analysis is for education purpose only.
Footnote : ENMFL (English Not My First Language) :-)