Gold has now broken below the 200 EMA and significantly pushed out from the minor trendline. the ultimate short term goal could be to flush gently till we reach 1761.30. Be mindful of US news however, the DXY also looking good to back the push we are seeing for the USD.
I will be looking for a push back to a significant order block to take a sell on a lower timeframe!!!
Please do not take any of these as financial advice. Be responsible for your own trade.
I will be looking for a push back to a significant order block to take a sell on a lower timeframe!!!
Please do not take any of these as financial advice. Be responsible for your own trade.