Gold Daily Technical Analysis 26.07.19

٢٦ يوليو ٢٠١٩

Gold is on the support zone which is in the main process of the price action analysis. If the price could not pass below the support level, that's mean the price could change its way. Then, we can open a long position around those levels(Buying Zone) but if we look closely with the price action of the GOLD, we would find that the direction of the trend is on the way down which means that if the price could not break above the closing zone, the down trend is still on the way.