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XAUUSD: BULLS ARE HOLDING THE TRENDLINE AND LEAVING 1785 AS A NEW SUPPORT IN 30MIN CHART.

Gold will continue to consolidate between 1800 and 1785 until the trendline is broken. If the bears break the trendline , we could see gold below 1785. from there on any pullback is tradeable.

 

Signal by Calibre Markets Africa

 

We should sell up in 1785, place a stop loss at 1800, and place profit targets at 1750

 

XAUUSD quotes by TradingView

 

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Uploaded on December 20, 2022