Austinet24

GOLD AT RESISTANCE WAITH FOR BREAK

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
The COMMODITY Gold is ranging between 2196.45 to 2148.76 Price region for several days now and we can see the price repels @ the 2198 price level from today's high the price is consolidating at current price of 2178.45/

From lower time frame of 1H we can see the price pushing for the bearish move from the current price of 2176 to 2147 which is a support level before
When the price break the major support at 2147.32 we can see more dive down to 2146.11

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.