Here is a breakdown of the reason why I believe the current support level for GOLD will hold.
In short, here are the reasons.
1. Support Area
2. Trendline on a daily
3. 4h Divergence and 1h Divergence
4. Engulfing Pattern from daily, 4h and 1h
5. MTF combination of the daily, 4h and 1h
In short, here are the reasons.
1. Support Area
2. Trendline on a daily
3. 4h Divergence and 1h Divergence
4. Engulfing Pattern from daily, 4h and 1h
5. MTF combination of the daily, 4h and 1h