GOLD - Previous broken resistance level now acting as support?..
- Last week gold managed to finally push through a previously unbreakable resistance level at 1241.5
- Today, after making a move back down this previous structure resistance may now be acting as support
- If this is the case we could see a bounce higher from this level
- Watching for clear rejection at this level to confirm this theory
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- Today, after making a move back down this previous structure resistance may now be acting as support
- If this is the case we could see a bounce higher from this level
- Watching for clear rejection at this level to confirm this theory
THIS IS NOT TRADE ADVICE NOR A TRADE CALL