1) Gold is still in the 1765-1729 range.
2) The reversal pattern indicates that there are bulls in the market
3) The bulls continue to press the price and form a new support level of 1739
4) Price tends to 1765
5) The opening session was far from resistance, so I do not expect a breakdown of the level today
6) Indicators are pointing to strengthening bullish sentiment
7) Price is aiming for a strong 1840-1860 contagion zone (medium term)
2) The reversal pattern indicates that there are bulls in the market
3) The bulls continue to press the price and form a new support level of 1739
4) Price tends to 1765
5) The opening session was far from resistance, so I do not expect a breakdown of the level today
6) Indicators are pointing to strengthening bullish sentiment
7) Price is aiming for a strong 1840-1860 contagion zone (medium term)
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