Gold has been making higher highs and need to slow down, at least for a correction/pullback. According to technical analysis if gold drops beyond my 100 moving averge then it can possibly drop at least 100 pips more. It would be a good idea to make a sell stop order for gold. Target and stoploss has been added to the chart.
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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.