GOLD, 1190/95 is important to be broken!

gold 24.03.

As I wrote in my previous gold analyis, the precious metal catch 1190/95 in the last two days and this is the level which is important to be broken. If gold bulls manage to get back inside the trendline, inverse H&S is possible here, with 1220/23 as an first target. This is not easy level to brake through and if gold retrets back, H1 up trendline is the first line of defense at 1187/88, lower we could have a solid support at 1175/80.

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2 comments

  • I also told to my friends on thuresday that it will no broke 1222and you analysis also correct

    Liked by 1 person

  • H1 uptrendline hold and push up again, thank you for that point Mario.

    Liked by 1 person

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