Gold gets bid up pre US inflation data dump
Login

Gold gets bid up pre US inflation data dump

Estimated Reading Time: 1 minute
Article Rating:
Based on 1 vote
Login to rate this article.

Orlando Gutierrez

Updated:
Key Support: 1792.50 – 185.90
Key resistance: 1809.20

Gold has been trading in a very defined range since it broke with the 1787 level last Friday. This level is capping the downside in this market.

Looking at historic price action, this level was THE base al throughout July and it has been a key pivotal level since.

The immediate structure is bullish and the last 1H candle engulfed the last 7 hourly candles on a bounce of yesterday’s highs.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News