XAUUSD Gold
GOLD
The market is in range zone after impulse move down. The price rejected the resistance zone and downward trendline. I think it might go down to retest the support level because the market might continue ranging before making new high or low. Price action formed lonag tailed bar which is sign of the resistance rejection. My goal is the support level at 1937.
The market is in range zone after impulse move down. The price rejected the resistance zone and downward trendline. I think it might go down to retest the support level because the market might continue ranging before making new high or low. Price action formed lonag tailed bar which is sign of the resistance rejection. My goal is the support level at 1937.
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