GOLD on support
The unclear signals on GOLD continues!
Price is currently at the 1806 support and if we see a breakout, that means price is probably heading down to 1784.
Entering before a break and close below doesn't make much sense right now.
What you should do is wait for a break and retest of that level and then get into a trade.
That way you'll have a higher probability as well as much better risk to reward ratio.
The 1784 level is the next support and if price forms an impulse then we will look for further support levels.
To find out what's next for GOLD make sure to follow us!
Price is currently at the 1806 support and if we see a breakout, that means price is probably heading down to 1784.
Entering before a break and close below doesn't make much sense right now.
What you should do is wait for a break and retest of that level and then get into a trade.
That way you'll have a higher probability as well as much better risk to reward ratio.
The 1784 level is the next support and if price forms an impulse then we will look for further support levels.
To find out what's next for GOLD make sure to follow us!
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