Our analysis indicates gold is at the very important support area 1750-1760. The support area 1750-1760 is a major support because it is the last swing low, and it is also coincides with the uptrend line support. This proves to be a major turning point for gold in medium and long term ahead.
If gold is able to hold 1750, gold can bounce back to 1790-1795 resistance area. If not, gold's bull market since 2019 might be in danger.
If gold is able to hold 1750, gold can bounce back to 1790-1795 resistance area. If not, gold's bull market since 2019 might be in danger.
