Option 1: Gold rejects from $3,346 & drops towards $3,280.
Option 2: Gold keeps moving higher into another strong demand zone of $3,416.
Which scenario do you find more likely?
Option 2: Gold keeps moving higher into another strong demand zone of $3,416.
Which scenario do you find more likely?
Trade active
Gold sellers so far have rejected that $3,346 resistance zone & dropped down 400 PIPS! If price can hold steady below this zone we can see much more downside to come. But a break above that zone could push price back up towards $3,400 again.Trade closed: target reached
TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.