Gold Exhibits Uncertainty Amid Forming Descending Triangle Pattern
Gold is showing uncertainty at the actual level where a descending triangle is forming. The next resistance level is set at 2200, with potential support identified around the 2140-45 range.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2300 |
2250 |
2200 |
2140-45 |
2088 |
2055-60 |