Gold is trading sideways during Monday's trading. I think this stability above 1590 is nothing but a warning signal for a big rise in gold.
I still warn that gold is bullish unless it can break the 1950 level by closing four hours below it, be careful then caution and remind you that today is a very important monthly closing day that can have high swing movements.
Resistors | 1628.00 | 1655.00 | 1677.50 |
Supports | 1504.00 | 1467.00 | 1436.00 |
For new on the husband, it provides the exact opposite. We expected this movement for weeks, and it is moving according to what we expected until now. We believe that any rise and centering around 15.00 - 15.47 is only for the pair to land again and center around the central bearish trend boundary area and God Almighty is higher and aware.
Resistors | 14.42 | 15.47 | 16.37 |
Supports | 13.38 | 12.68 | 11.77 |