As I said yesterday, Gold is in consolidation after the strong bearish reversal started last week.
The recent rise is contained in a flag that suggests continuation to the downside and my idea remains the same: Sell rallies in the 1900 zone.
The target could be 1860 recent low and old resistance, but in medium term if the price remains under 1900, it could drop even to the 1820 zone
The recent rise is contained in a flag that suggests continuation to the downside and my idea remains the same: Sell rallies in the 1900 zone.
The target could be 1860 recent low and old resistance, but in medium term if the price remains under 1900, it could drop even to the 1820 zone
Note
Target hit.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.