Djavuu

Uncertain which direction gold is going to next

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold price is currently being rejected by 2043 level and is floatinhg below 2027. Continous bearish behavoiur could indicate a drop to 1982 level. If price can go pass 2043 level and retest resistance creating a new level of support then we could be looking at 2069 & 2086 levels. Waiting to see which direction we will be going before entering a trade.
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.