GOLD possible Short Setup with formation BAT Pattern in area 1820.00 with possible double TOP on this resistance level.
The stochastic is also in the overbought scenario and our forecast is Bearish. Today the Economic news will be crucial to understand the next movements of this metal.
Key events:
Canada – Core CPI (MoM) (Nov)
USA – CB Consumer Confidence (Dec)
USA – Existing Home Sales (Nov)
USA – Crude Oil Inventories
The stochastic is also in the overbought scenario and our forecast is Bearish. Today the Economic news will be crucial to understand the next movements of this metal.
Key events:
Canada – Core CPI (MoM) (Nov)
USA – CB Consumer Confidence (Dec)
USA – Existing Home Sales (Nov)
USA – Crude Oil Inventories
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