Gold: Price is in extreme selling pressure. After FOMC and FED officials hawkish remarks to keep the interest rates high for a longer period of time, The DXY is getting stronger and making Gold weak.
Yesterday significant development was breaking of 1900 level and more importantly 1885 level. With this break i am expecting a deeper movement in Gold. I am looking for price to make a retracement to 1880-1885 level where we will enter sell. My target is 1850-1852 support level.
Good Luck
Do comment on the ideas and Odds
Yesterday significant development was breaking of 1900 level and more importantly 1885 level. With this break i am expecting a deeper movement in Gold. I am looking for price to make a retracement to 1880-1885 level where we will enter sell. My target is 1850-1852 support level.
Good Luck
Do comment on the ideas and Odds