Gold major resistance level at 1,949.30
and
above the critical support level at 1,937.04.
A decisive break below 1,937.04 could trigger a sell signal with bearish implications and with an immediate pre-calculated take profit target at 1,932.14.
If the selling sentiment accelerates, then the next take-profit level of interest could be at 1,929.68.
An initial protective stop-loss could be placed at 1,949.30.
and
above the critical support level at 1,937.04.
A decisive break below 1,937.04 could trigger a sell signal with bearish implications and with an immediate pre-calculated take profit target at 1,932.14.
If the selling sentiment accelerates, then the next take-profit level of interest could be at 1,929.68.
An initial protective stop-loss could be placed at 1,949.30.
