Gold Is Bearish But Watch For 1712-23 Zone

Gold is bearish below 1750. The price is below the important level 1750 but getting close to another support.

The support 1712-1723 is critical. If the price breaks below 1712 we should see a retest of 1675. Bulls might try to bring the price back up. This could create another selling opportunity. 1750-68 is the selling zone on a pullback. The main target is 1675 if 1712 breaks lower.




September 30, 2021 at 10:54PM
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