GOLD successfully traded commodities rose to a range of 1590 after confirming the range of 1570 as Support.
Bias pair in the morning session today is bullish to bearish momentum, be aware of the range of 1590 when gold confirmed as resitance, then gold would be potentially traded down and do a retracement up with a range of 1580 to 1575 again.
Conversely, if the pair traded higher over the range of 1590 and confirm the Support, the pair would be potentially traded higher up the range of 1600.
GOLD has been traded to the Range 2:00 point that is 11% of the Average Range 17:50 point and traded down -0.08% to +0.02% high and Low -0.11% from the close of trading yesterday.
Intraday Resistance 1590 - 1600
Intraday Support 1580 - 1575
Bias pair in the morning session today is bullish to bearish momentum, be aware of the range of 1590 when gold confirmed as resitance, then gold would be potentially traded down and do a retracement up with a range of 1580 to 1575 again.
Conversely, if the pair traded higher over the range of 1590 and confirm the Support, the pair would be potentially traded higher up the range of 1600.
GOLD has been traded to the Range 2:00 point that is 11% of the Average Range 17:50 point and traded down -0.08% to +0.02% high and Low -0.11% from the close of trading yesterday.
Intraday Resistance 1590 - 1600
Intraday Support 1580 - 1575
have a nice trade
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