GOLD (SILVER FOLLOW)
Overall bias for Gold is Bearish.
1780 seems to be a strong support, as it has been hit and retested many times, but our daily resistance shows that we are in fact approaching a daily resistance at 1790.
Any breaks of this resistance could mean gold approaches 1830 after finding support at 1800.
A bearish gold would most likely look like a rejection of 1790 and a fall to break through 1780 - 1760 and worse case lower.
1780 seems to be a strong support, as it has been hit and retested many times, but our daily resistance shows that we are in fact approaching a daily resistance at 1790.
Any breaks of this resistance could mean gold approaches 1830 after finding support at 1800.
A bearish gold would most likely look like a rejection of 1790 and a fall to break through 1780 - 1760 and worse case lower.
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