Gold- Sell rallies for a new low
As I expected, yesterday Gold dropped and not only did it reach my 1780 target but has dropped under reaching a local low to around the 1760 zone.
Not the price seems to have stabilized and a corrective rally could follow.
This correction can give bears a good opportunity to enter the market in expectation of a down continuation.
The old support at the 1780 zone is now resistance and in this zone I m looking to sell.
Gold back above 1800 would negate this scenario
Not the price seems to have stabilized and a corrective rally could follow.
This correction can give bears a good opportunity to enter the market in expectation of a down continuation.
The old support at the 1780 zone is now resistance and in this zone I m looking to sell.
Gold back above 1800 would negate this scenario
📈 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
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.