Bearish strategy for Gold !
Seller challenge buyer's territory at 1734.740-1728.95 and now they fighting in this area. Seeing how the bear power , it seems this buyer's territory can breached any moment. So, when that time happens, price of gold can go down any lower to 1658.95.
This is a reversal strategy that against the whole bullish in the market. So, be cautious always.
Happy trading.
This is a reversal strategy that against the whole bullish in the market. So, be cautious always.
Happy trading.
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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.
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.