GOLD remains moving higher, and as mentioned a few times, its all about trade wars tug-and-war activities. However, this is initial fear, and this will become lesser and lesser overtime. It is extremely overbought currently and RSI is at level that are not falling under normal categories. There correction is needed to release the pressures.
SZtrategy SELL or ADD SELL @ $ 3,130-3,160 and take profit in steps (since we are short already) @ $ 3,057 and $ 2,978 for now.
SZtrategy SELL or ADD SELL @ $ 3,130-3,160 and take profit in steps (since we are short already) @ $ 3,057 and $ 2,978 for now.
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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.