#Gold: Price has hit a level of demand at 1845 region. Mixed s | Forex Technical Analysis & Signals
#Gold: Price has hit a level of demand at 1845 region. Mixed sentiments seen across multiple timeframes indicating a reasonable amount of volatility to come. Not ruling out a test of the recently rejected price of 1877, sell orders can be seen between 1877 & 1871 & therefore, price is expected to turn around from that region. Failure to hold would mean price testing the next supply zone at 1900. On the downside, a breakdown of 1840 will warrant a test of 1821 demand zone. For now, intraday rallies can be seen as potential sell opportunities with stops placed above the recent high: 1880
Trade the Trend or buck the Trend. I like to do both & WIN @Trademeister. https://www.mql5.com/en/market/product/32828. https://www.mql5.com/en/market/product/31439...