HomeContributorsTechnical AnalysisGold Is Bullish But Watch The Small Intraday Bearish Pattern

Gold Is Bullish But Watch The Small Intraday Bearish Pattern

GOLD is bullish but it is at resistance and can make a retracement.

If we see the break below 1866 then GOLD is going to retrace further. We should see a move down then up and go long the dip. A possible sell is coming first, however, at the break below 1866 and we should look to possibly buy the dip around 1847-50 which is the POC zone. For longs, the target is 1882.

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