I think that gold will not go away and start with any real correction until after touching 1713.5 important pivot points, its penetration means more going up. We think that gold is still going up until the opposite is proven and vice versa is the ability of prices to break 1560.00 on the exact opposite. I see that any correction is an opportunity to go back up again, especially areas 1610 I think it will be an important area for this pair.
Resistors | 1713 | 1722 | 1754 |
Support | 1640 | 1602 | 1560 |
We still expect an upward correction for a new position and a decline with the downtrend on the daily frame, the momentum appearing on the four hour charts.
We think that the