– Buys on close above 1684.300 targeting 30min Resistance formed at 1689.200, Leaving Runners to the Weekly Resistance formed at 1695.000.
– Sells on close below 1678.000 targeting 1h previous Resistance at 1673.300, Leaving Runners to the 4h previous Strong Resistance formed on 27th October 2022 at 1667.300.
– A very strong Bullish close on GOLD last week holding the 1643 Weekly Support as all 3 last Weekly Support formed on GOLD left a Rejection wick at 1615 area respecting Weekly Support formed on 6th April 2020. Looking at the Daily timeframe price has clean traffic to the left to 1720 / 1725 area which could potentially be retested as a long term target.