Gold Spot / U.S. Dollar
Long

Lingrid | GOLD ranging MARKET

3 945
The price action formed the range zone and it keeps moving in the zone. The price is decelerating and ot shows a divergence. Price action bounced off the support level 2 times. Price is rejecting the support level and I expect go towards the next resistance zone if upcoming news doesn't change the trend to bearish. My target is the resistance zone at 1971.400


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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