Gold has begun to form an inverted V reversal pattern in the 1-hour moving average. If the 1-hour moving average of gold begins to turn, then gold may have a deep adjustment. If there is no strong risk-averse news for gold, then adjustments are inevitable. Gold is at least volatile in the short term. Don’t chase too much easily. Pay attention to the pressure near 3450.
Trading idea: short gold near 3446, stop loss 3456, target 3426
Trading idea: short gold near 3446, stop loss 3456, target 3426
Note
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✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
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t.me/Mentor45689
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
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.