The sellers are currently dominating the market, and it is predicted that if this trend continues, there will be a significant decrease in gold prices in New York. It is advised to analyze the occurrences from the previous day's gold trading session in New York. If the sellers are unable to break the 2450 mark today, it is likely that buyers will push the prices up to 2490 - 2500. It appears that there is a period of consolidation on the 4-hour timeframe.
Trade active
Trade closed: target reached
TP 1 HIT🎯🌪️Trade closed: target reached
TP 2 HIT 🔥
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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.