The price of gold is currently making a double top support and resistance between 1808.60/1843.31.
Especially since the price is close to a bearish oblique resistance located at the level of 1855, we are therefore back in the selling area which is still preferred.
The target of the double top would be 1773.49 or less than -34.91 points (-1.93%) and corresponding to a buying zone with several support identified between 1782/1769.50.
Especially since the price is close to a bearish oblique resistance located at the level of 1855, we are therefore back in the selling area which is still preferred.
The target of the double top would be 1773.49 or less than -34.91 points (-1.93%) and corresponding to a buying zone with several support identified between 1782/1769.50.
