Contributors Technical Analysis GOLD Should Bounce From The W L3 Camarilla

GOLD Should Bounce From The W L3 Camarilla

Gold is still bullish despite the retracement that is happening on 4h time frame. We might see a bullish bounce off the W L3 pivot.

1557-1560 is still the POC zone where Gold buyers might be waiting. The price might bounce towards 1566 and 1574. If 1574 breaks we could see 1582 W H3 pivot retest. A deeper retracement might follow only if 1555 breaks lower. In that case watch for 1552 and 1544.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version