GOLD is Bearish but Watch for 1712-23 Zone
September 30, 2021
1 min read
Dear traders,
Gold is bearish below 1750. The price is below the important level 1750 but getting close to another support.
The support 1712-1723 is critical. If the price breaks below 1712 we should see a retest of 1675. Bulls might try to bring the price back up. This could create another selling opportunity. 1750-68 is the selling zone on a pullback. The main target is 1675 if 1712 breaks lower.
The Analysis has been done with the Black Widow system.
Good trading,
Nenad Kerkez
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