Gold has broke the key support. There´s no buyers at these levels.
If the weekly candle closes below this key level , we expect the price to retest previous support and get rejected which would be a confirmation that this level is acting now as a strong resistance.
Target: $1500
Enter the trade only if the weekly candle closes below the key support (now resistance)
Good luck
If the weekly candle closes below this key level , we expect the price to retest previous support and get rejected which would be a confirmation that this level is acting now as a strong resistance.
Target: $1500
Enter the trade only if the weekly candle closes below the key support (now resistance)
Good luck
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