Hey traders,
From the beginning of September, Gold remains very bearish:
the price is steadily falling within an expanding wedge pattern.
At the end of the week we got -5% decline.
Next week I will expect a bearish continuation within the boundaries of the wedge.
If you do not have an active position consider the test of its resistance for occasional shorting.
Supports to watch: 1730 / 1700
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.