10/11/2020 #XAU #gold flat to minor selling today
My bias was bearish yesterday. Perfectly hit my resistance and went down 100 dollars to hit my support. Now bouncing up. Watch 1890.48-91.84-96 for possible pullback to this zone for further down.
With such a huge swing yesterday, today's action should be more muted. Looking at more sideways to down, but not too much off a sell
If it moves upon 1896, it might trade to 1904.64, 1921.22, 1928.12. High of day should be capped at 1935.16.
If it pullbacks back from 1890, look for 1847.9 (yesterday's low) to be re-tested, then 1841.16 and 1818.24. 1774.92, if it sells off again, will offer good buy.
With such a huge swing yesterday, today's action should be more muted. Looking at more sideways to down, but not too much off a sell
If it moves upon 1896, it might trade to 1904.64, 1921.22, 1928.12. High of day should be capped at 1935.16.
If it pullbacks back from 1890, look for 1847.9 (yesterday's low) to be re-tested, then 1841.16 and 1818.24. 1774.92, if it sells off again, will offer good buy.
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