Sentiment on gold wavers as the weekend SNB Gold asset vote drives uncertainty, remaining sideways at 1200 price level
Uptrend higher low trendline has formed with the bearish movement prevalent after 2 attempts to break 1185 saw it return to 1195
A return to yesterday's low still sees support at 1185 as a firm bearish movement can only be determined by a clear bearish break at 1180
Trend Direction |
S3 |
S2 |
S1 |
R1 |
R2 |
R3 |
Entry |
Stop Loss |
Exit |
| Slight bearish | 1161 | 1180 | 1185 | 1194 | 1200 | 1210 |
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