GOLD 02/08: Sell signal has been determined
Updated
GOLD Gold prices consolidate in a narrow range between $1945 and $1952 during the Asian session on Wednesday. XAU/USD recovers some of the previous day's declines to $1941.Market sentiment remains sour as Fitch downgrades the US Long-Term Foreign Currency Issuer Default Rating from AAA to AA+. The top-rated company cites the expected financial slowdown over the next three years and the high overall government debt burden as key reasons for the drastic action.
Today, the downward momentum is expected quite a lot, yesterday gold fell quite deeply. I expect gold to fall further and wait for a buy signal
Trade active
Gold is gradually returning to the entry point, is everyone ready?Trade closed: target reached
Everything went as originally planned. SELL XAUUSD 1954 => 1935. +190pip ❤️❤️🤑YEAHHH BIGWINNote
yesterday was a big day, congrats to those who follow my signal. Who wants to continue winning today?
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.