According to the chart, Gold is in a very important range. This range is 1807 and 1784.
To form a continuous uptrend, Gold must be fully supported above 1807 and have an uptrend for 1811 and 1818 and even higher.
On the other hand, 1784 is a very important and vital price for Gold. This price is a strong support that the limit of this price is 1777. If this range is eliminated, the market will be ready for 1774-1779-1774.
So, as a result :
For morning, the defeat of 1797 will lead to the correction of 1788.
1788 to the limit of 1787 has a short a purchase test.
1784 has a short purchase test.
From above, 1807 to 1811 to the limit of 1817 has sales test for 1time. If the market trades above 1807 for a full hour, it will be uptrend.
On the other hand, for the traders, there is a purchase offer of 1784 to the limit of 1777.
To form a continuous uptrend, Gold must be fully supported above 1807 and have an uptrend for 1811 and 1818 and even higher.
On the other hand, 1784 is a very important and vital price for Gold. This price is a strong support that the limit of this price is 1777. If this range is eliminated, the market will be ready for 1774-1779-1774.
So, as a result :
For morning, the defeat of 1797 will lead to the correction of 1788.
1788 to the limit of 1787 has a short a purchase test.
1784 has a short purchase test.
From above, 1807 to 1811 to the limit of 1817 has sales test for 1time. If the market trades above 1807 for a full hour, it will be uptrend.
On the other hand, for the traders, there is a purchase offer of 1784 to the limit of 1777.
Related Ideas
xauusd
samitalebi
about GOLD