Gold - weekly update - sell on 4H

Updated
Dear traders and followers,

welcome to our weekly gold market update !

Last week we have seen a strong sell out as expected in our latest Gold analyses.

For this week we search a new good sell entry for those of you how toke profit last Thursday.

A good new short/sell entry is in the market after price failed to break and close above 1900 $. Take profit is our final sell target at 1845 - 1850 $.

US president elections will bring volatility within the markets.

MACD & RSI indicators are explained in the chart.

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Note
Market reached the sell area. Wait for sell confirmation trough sideways movement. Don't open short if the market breaks the 1910 $ area within the next 12-24 hours

snapshot
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Chart PatternsTechnical IndicatorsTrend Analysis

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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