– I’ll be looking for potential Buys above 3742.000 targeting previous Hourly Support formed at 3756.000 Leaving Runners to the 4h Resistance formed at 3770.000.
– I’ll be looking for potential Sells below 3724.000 targeting Hourly Support at 3712.000 Leaving Runners to the Strong Key Level around 3700s.
– Gold has retraced on the higher time frame, and with a lineup of impactful economic data—like unemployment claims, GDP figures, durable goods orders, and more—market participants are on edge. Will these releases spark the next big move in gold?