Gold prices are consolidating within the range of the 1483 – 1462 region.
Price action is in the midst of forming a bottom if the lower range doesn’t break.
Therefore, the bias remains to the upside. A successful breakout above 1483 could likely see some retracement to the 1534 handle.
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.
Contact us: contact@actionforex.com
© ActionForex.com © 2024 All rights reserved.
