According to the 4-hour chart, gold is still moving in the bearish bias. After the price touches the previous resistance, it seems gold now wants to try to re-test again this level again in a few days ahead if Gold does not break out and closes above the $1,305.75 level. Meanwhile, the precious metal is still moving with a bearish bias.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
According to the 4-hour chart, gold is still moving in the bearish bias. After the price touches the previous resistance, it seems gold now wants to try to re-test again this level again in a few days ahead if Gold does not break out and closes above the $1,305.75 level. Meanwhile, the precious metal is still moving with a bearish bias.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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