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Friday, July 30, 2021

💡 Gold: will the trend continue to rise?

💡 Gold: will the trend continue to rise?

Gold OANDA:XAUUSD

The closest resistance for today is the balance of the day (1833.35).
📌 Should a successful test of the limit seller (1835.28), which is reinforced by the close location of the market maker's loss level, expect a decline to the close of the day to the limit buyer (1826.14).
📝 If breakdown and fixation below limit buyer (1826.14) we expect continuation of corrective impulse to hedgerow resistance zone (1810.00).
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source https://www.smartmoneymanagement.info/2021/07/gold-will-trend-continue-to-rise.html

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