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GOLD is Bearish Below 1790 Zone

By:

Nenad Kerkez

Published: Jun 18, 2021, 07:38 GMT+00:00

Gold is still bearish. We could see a move lower below the POC zone and the D H3 level.

1785 is where we could see the price rejecting. The structure is bearish with a possible retest of 1760 zone. If we see the D L3 zone hit we could see a move to the upside. 1790 should hold and that means bears will go stronger during the later US session. Watch for profit taking.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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