Forexmaestro121

Would you Buy or Sell?

TVC:GOLD   CFD Oro (US$/OZ)
No surprises so far as rejection on $2070 - $2072 Resistance level which is hard Resistance zone ahead of $2120 psychological benchmark. However, gold is in consolidation Zone from $2048-$2052 points to $2068-$2070.what would to do in that scenario ? As DX and Bond Yields are on declining run .Technically If the support $2048-$2052 pivot points are going to break then technically gold will on $2020 area. Furthermore, if $2070 - $2072 Resistance level breaks then gold will create the next highest peak.

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