I can see gold working on another key resistance at 1800.72. Let's see how this goes. A 4hR closure above this resistance level may take us to 1810-1818. Otherwise gold is going down. Buyers, please secure your entry or cash out if you have made significant profit.
My short bias remains very valid for now.
My short bias remains very valid for now.
Note
My candid advice is that if you are in a sell or buy trade as we speak, secure your entries or take the little you have and wait for NFP data so know the new direction of the market. There is no point risking your capital or leaving money on the table
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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.