Gold can resume its down move
Since the low made at the beginning of the week, Gold has started to correct and has risen towards important 1770 resistance, just to reverse back down after reaching 50% Fibo of the 1800-1730 drop.
In my opinion, the recent rise is just a correction and we can expect Gold to resume its down move soon.
That being said I will look to sell rallies near resistance with a target in the previous low.
Negation comes with a daily close above 1770
In my opinion, the recent rise is just a correction and we can expect Gold to resume its down move soon.
That being said I will look to sell rallies near resistance with a target in the previous low.
Negation comes with a daily close above 1770
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.