Gold – To Bounce or To Break?

04 Apr - Gold Daily

(Click on image for larger view)

Hi All,

Just a quick update on Gold.

This metal has been cycling healthily downwards for awhile now (as shown by channel). Apart from a short term support level around 1556 (Not drawn), it is also about to hit a major road block around 1530.

In an ideal world, price would likely Break or Bounce that level and I would be interested in either of them. Who knows the future right? So let us just wait aside and watch as price slowly unveils itself.

Thank you for reading and have good week ahead.

Ps. Beware of the Non-Farm on Friday.

 

White Space

Because TYE is Still Growing…

Sign Up for the newsletter to get TYE’s trading ariticles.

We value your privacy and would never spam you

White Space [/s2If]
Divider Grey  

Cover TYE Page

Make sure to check out my ebook on Trading the First Pullbacks - A simple Price Action Guide for Market Pullbacks That Works

See what Amazon readers say

  Divider Grey

Leave A Response

* Denotes Required Field