As you can see from the Daily Chart,
We are currently testing our Strong Daily Support @1793.600-1793.700
But, just above us there are Daily 50EMA and 200EMA that have been tested once yesterday.
This Box will be our confirmation of Gold next big move.
My recomendation are to wait for clearer Price Action, if it close above or below our Confirmation Box.
Our next Support will be @1752, and our next Resistance @1832
We're still Bullish long term on Gold, wether it a Deep Pullback or Ranging between @1793 - @1832
We are currently testing our Strong Daily Support @1793.600-1793.700
But, just above us there are Daily 50EMA and 200EMA that have been tested once yesterday.
This Box will be our confirmation of Gold next big move.
My recomendation are to wait for clearer Price Action, if it close above or below our Confirmation Box.
Our next Support will be @1752, and our next Resistance @1832
We're still Bullish long term on Gold, wether it a Deep Pullback or Ranging between @1793 - @1832