Gold Still Holding the Ground

١ أكتوبر

Gold return/Bounced from the first Re-loading area that I Marked in Monday update , the recent bounce also triggered due to war news: In today's morning update I was expecting more correction but bulls getting help from ongoing war news: Now if we watch the H4 timeframe we can see that the current correction is turning the chart into sideways range (2685-2630) and we have to wait for breakout from this range for clear direction : Shorting on war news can be dangerous so we have to wait for a breakout from support area or resistance area for next move.