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GOLD is Bearish Below 1790 Zone

By:
Nenad Kerkez
Published: Jun 18, 2021, 07:38 UTC

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

GOLD is Bearish Below 1790 Zone

In this article:

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.

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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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