XauUsd Rate From 1485 Resistance Level

2019-12-18 00:26:29

17/12/2019 Late-Afternoon XauUsd Rate From 1485 Resistance Level High
From 1485 Price is considered at Continuation Lower Low Phase.
At 1480 or 1483 Gold is at An Inside Bar Swing High at 70% retrace on the h1 bar and is considered as An Overbought Value State.
My immediate reaction would be to advise as a possible move Down Trend at this time.

Near Term Targets Low will include 1439 - 1413 & 1404 as possible Targets Lower and better terms at Lows.