Trade Gold 28/7
🔥Gold reached the critical global resistance!
If you check the weekly timeframe, you can stop that the level of $1747 is extremely significant! Both, buyers and sellers experience problems breaking through this level from the first try. The H4 timeframe also confirms the strengthens of this level.
👆That's why I suggest you be very careful with buying XAUUSD right now. Gold will be bullish, if the H4 candle closes above 1748. Until then, traders should be looking for SELL opportunities!
Edited 28 Jul 2022, 17:28
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