GOLD is gravitating toward the major support level at 1900

28 giu 2023

GOLD is gravitating toward the major support level at 1900. The market broke and closed below the consolidating zone. It is making lower highs and lower lows, and if the market pulls back to resistance, we look for selling opportunities. Price action is creating AB=CD, where D completion is right at the 1900 support level. We expect a pullback and continuation of price action.