Gold closed below the value zone lower trend line. Now it will act as resistance. For today this resistance is between 1990-2000. So we can expect a reversal from this level.
We can see the 1970 level is acting as a support. However if this breaks then 1950 will be good support.
The trend is bearish as we can see from four days.
So I suggest to go for short trades only.
We may see reversal from a strong support between 1880-1925 level. Until then we may prefer short trades.
There is one support or resistance after every 10$ price. Also the news is still not certain about war. So we cannot predict anything based on TA.
However we can follow the momentum and go trades near the support or resistance levels with short SL and small TP.
Today we may go for
SELL 1990 SL 2004 TP 1950
We can see the 1970 level is acting as a support. However if this breaks then 1950 will be good support.
The trend is bearish as we can see from four days.
So I suggest to go for short trades only.
We may see reversal from a strong support between 1880-1925 level. Until then we may prefer short trades.
There is one support or resistance after every 10$ price. Also the news is still not certain about war. So we cannot predict anything based on TA.
However we can follow the momentum and go trades near the support or resistance levels with short SL and small TP.
Today we may go for
SELL 1990 SL 2004 TP 1950