GOLD IS GIVING UP ITS EARLIER GAIN

By velmunis
Updated
GOLD
Gold has rallied due to the spreading of the coronavirus.

*And reached 1700.00 historical level

*For the past one week its in consolidation phase

*The fresh stimulus package from USA will strengthen the USD

*We short the gold against USD from 1665 level which is currently a 61.8% Fibonacci level

*And the potential take profit will be 1517.00

*Stop lose may placed above 1672.00 level

*Leave your valuable comments in the comments section
Trade active
The upward target of +60 pips done..the selling of the gold has started
Trade closed: target reached
downward target reached with +200 pips
GoldgoldanalysisgoldforecastgoldideagoldsellgoldshortgoldsignalsgoldtradinggoldtradingstrategyTrend Analysis
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