As we can see in the 1H timeframe on GOLD. it broke out of falling wedge with a very bullish candle and right now it came down for a pullback on the previous high. if this hold the price above the level. it will be likely to go up. although we have resistance at 1790$.but it could cross this level easily. the target for this pattern is around 1815$ but if this plays out we could go higher than the target.
if we break to the downside from this level we have a good support zone at 1769$ and 1761$.
NOT FINANCIAL ADVICE!
if we break to the downside from this level we have a good support zone at 1769$ and 1761$.
NOT FINANCIAL ADVICE!
