Mihai_Iacob

Gold- Switching to buy dips

Panjang
OANDA:XAUUSD   Emas Semerta / Dolar A.S.
Yesterday Gold dropped exactly from important 1680 zone resistance and, in a very short time, reached 1640 zone support.
However, bears were not able to also break under this zone and the price reversed back above 1660 and closed at 1665, leaving a Pin Bar candle on our daily chart.
At this moment the bias is bullish and it will remain so as long as yesterday's low is intact.
However, only a break above 1680 would signal a medium term reversal

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