Gold is in overall bearish trend. After breakout of 1650 Support zone gold will continue in bearish trend. Previous daily Resistance zone is 1656-58. Gold can retrace in Asian Markets and will fell again. Wait for 1650 retracement level and take entry as follow:
Pair: XAUUSD
Short: Sell Limit: 1652-1650
SL: 1660
TP1:1636
TP2:1630
TP3: 1607
Pair: XAUUSD
Short: Sell Limit: 1652-1650
SL: 1660
TP1:1636
TP2:1630
TP3: 1607
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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.