Gold TA Practice
Gold has been on a run since Sep 2018. A correction is due.
There is major support on the Weekly 50 MA.
It has also broke through the Daily 50 MA which acts as the resistance.
1774 will be a major support as evidence in the monthly, weekly and daily chart.
I am expecting it to hold and to be an excellent buy point to go in after the correction is finished.
As usual, this is not advice to buy or sell.
There is major support on the Weekly 50 MA.
It has also broke through the Daily 50 MA which acts as the resistance.
1774 will be a major support as evidence in the monthly, weekly and daily chart.
I am expecting it to hold and to be an excellent buy point to go in after the correction is finished.
As usual, this is not advice to buy or sell.
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