Gold is above the support zone, but it breaks the trend line level to the downtrend. So, we could buy the gold if the price is above the support zone or met the support zone. But if the price breaks below the support zone level, then we might have to wait until the price was confirmed its direction before we decided to trade.
The Resistance zone is around 1410-1412, 1426-1428
The support zone is around 1400 - 1398, 1390 - 1382
The Resistance zone is around 1410-1412, 1426-1428
The support zone is around 1400 - 1398, 1390 - 1382
I made profits from GOLD about 400pips in a row by opened a long position on GOLD at the support zone level between the date 01.08.19 - 02.08.19 swing trading.