We have 3 zones to scan for a nice buying entry
In this moment gold is stuck in a downtrend short time channle but, the EMA 200 is pointing upper levels and also price is above that.we are still in a long-term uptrend and its retracment.
Consequently, I preffer to scan my chart to reach one of my 3 key levels and then long in case of seeing confirmation price action signal. 1862usd is a support , if it got broken next key support is area between 1974 to 1815usd.in top instead, we have a very strong resistance of 1912, i will also buy if this level gets broken.
Consequently, I preffer to scan my chart to reach one of my 3 key levels and then long in case of seeing confirmation price action signal. 1862usd is a support , if it got broken next key support is area between 1974 to 1815usd.in top instead, we have a very strong resistance of 1912, i will also buy if this level gets broken.
