Gold daily analysis 18.01.22
Yesterday gold is not able to break the 1822 level which is near the bullish trend line. The US bank holiday may be reason.
Seeing the lenght of bearish candles longer than bullish ones and decreasing highs the trend is bearish today. I see price may test the levels of 1812 and 1808 today.
So go for short with SL at 1824 and TP at 1810 with trailing SL.
Please share your thoughts
Seeing the lenght of bearish candles longer than bullish ones and decreasing highs the trend is bearish today. I see price may test the levels of 1812 and 1808 today.
So go for short with SL at 1824 and TP at 1810 with trailing SL.
Please share your thoughts
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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.