Perfect backtest of support and bounce. Now look for resistance above. If you got in long, protect your trades, although its bullish we feel the upside is limited. We shall remain bearish on Gold unless this breaks and holds above 1820.
We can see a potential test of the 1790-95 level where if we see strong support we may test the long trade to target that 1820 level again. We're ideally looking for good resistance levels to short this again.
We'll keep an eye on this as NFP is on Friday.
As always, trade safe.
KOG
We can see a potential test of the 1790-95 level where if we see strong support we may test the long trade to target that 1820 level again. We're ideally looking for good resistance levels to short this again.
We'll keep an eye on this as NFP is on Friday.
As always, trade safe.
KOG
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
