GOLD 07/07: Gold price at the weekend
Updated
GOLD Gold prices struggled to capitalize on modest overnight gains from the vicinity of 1,900$, or weekly lows, and remained on the defensive throughout Friday's Asian session. GOLD is now trading around the 1910$ region, mostly unchanged on the day, and looks vulnerable to an extension in the two-month downtrend from all-time highs touched in May.From a technical perspective, the overnight swing low, just before the 1,900$ mark, could continue to act as immediate support ahead of the 1,893$-1,892$ area or multi-month lows announced. touched last week.
Buy the current price, I believe you will be profitable, I also don't care if gold has a retracement because the EMA is around 1917, but just go buy it, and we will win together.
Trade active
BUY 1912 => 1917. +50pip✅✅
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