Gold trading with negative bias despite Geopolitical tensions.

Gold Structure: Bullish Candle on Weekly, Highest Close on Weekly Basis in Gold, Fake Breakout on 4hr, Ending Diagonal on 4hr, RSI Divergence on 1hr.

Intraday Strategy/ Intraday Trend: Buy on Supports, Sell on Resistance/ Neutral to Bullish, Strong Bullish above $3451.

Weekly Trend: Ultra Bullish

Major Resistance: 3440, 3446, 3451

Major Support: 3422, 3415, 3407

Recent News

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AUDUSD facing Daily Resistance

November 20, 2024

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Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

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