Fab_Forex

Gold support and resistance

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
As yo can see gold has been really respecting support and resistance ( purple circles )

We are expecting the price to push lower and retest our support again, but not before confirmation, a lovely bearish candle stick is forming at the minute which is in our plan, but we will wait to see how this plays out before sending the signal to our clients.

If you would like to join our team then just message us for a friendly chat to see how we can help you achieve your goals.

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.