As anticipated, we are now back to the potential sell zone.
We will only sell if the current fundamentals driving the buying of Gold wanes. Else, we monitor price action and manage our risks accordingly.
My bias is short for now until price pushes through to the up side.
We will only sell if the current fundamentals driving the buying of Gold wanes. Else, we monitor price action and manage our risks accordingly.
My bias is short for now until price pushes through to the up side.
Note
We are now back in sell zone. if price breaks above 1980, then the sell idea becomes invalid. Let's see how it plays out.Note
The price action is following our idea at the moment. Let monitor it until we cross 1943.xxNote
Unfortunately, the fundamentals were stronger than our technicals on this idea.We will move onto the next opportunity.
Trade closed: stop reached
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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.