GOLD (Reversed by breaching 2198...)

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GOLD forecast

The price breached the strong resistance line which is 2198 and pushed up quickly, so the direction is toward recording a new all-time high,

there we have some retest till 2197 and then, stability above it will continue the bullish trend till 2222 and 2230
otherwise should be stabilized under it to be bearish till 2177

Pivot Price: 2205
Resistance price: 2216, 2230, 2242
Support price: 2198, 2177, 2161

The expected trading range for today is between support 2177 and Resistance 2230

tendency: Uptrend
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