From the Look of Things...Gold Will Fall to 2308 I said this because the major 15 mins support is at 2308
Like I said yesterday and you saw the outcome.... Gold fell like Lucifer.. Lol ... and today, I am pretty assuming, they may be a fall from 2345 to the next target. The American Dollar has shown signs of improvement, which should make the price of Gold cheaper, apart from bond yields though... Hehehe. Also, the ceasefire in Israel should be a fundamental...
For weeks now, the safe haven metal has been flying like a rocket... but the bulls are getting tired, also ceasefire in Israel is enhancing the Dollar. Although, the up trend have not changed but there will a correction ior change of trend in no time. FOMC may influence this greatly.... Check my chat for details.
Gold will sell till the 15M time frame and bounce from there... Except there's a bearish breakout, then expect further sell. Just made $500 from the first sell from 2211
This is my idea for Gold's next move on Friday,today.
Sell Gold to 1920 Then Buy as shown in the diagram OANDA:XAUUSD
I can tell you precisely that gold will continue buying, although it may be hindered around R1 1919 - 1920, R2 1929 - 1930 and R3 1940. US inflation report may influence it too.
Entered Gold trade on a BUY 🚀🚀🚀🚀🚀🚀 First Resistance 1915 Second 1919 - 1920