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Tuesday, July 20, 2021

⚠️ Gold: will there be a consolidation above balance of week?

⚠️ Gold: will there be a consolidation above balance of week?

Gold OANDA:XAUUSD

The closest support for today is the balance of the day (1809.58).
πŸ“Œ In case of price range test of the balance of the day and the limit buyer (1809.58-1800.70), we expect formation of buying pattern.
The nearest landmark for upward momentum continuation in the direction of the long-term trend is the limit seller (1827.72).
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