Gold (XAUUSD)Short
GOLD Short
Gold rejected off main trend line closing as a strong hammer yesterday, we can expect to see more downwards momentum, we’ve kept different take profits at points of support but ultimately expecting it to drop to key area of support as highlighted with the rectangle box. RSI previously hit 70 on daily chart. Expected fall to continue.
1:3 RR
GL
1:3 RR
GL
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.