Gold price struggles to stabilize above the immediate support of $1,930.00 amid an absence of supportive economic indicators. The precious metal shifts into bearish territory after a breakdown of the Head and Shoulders chart pattern formed on a lower time frame. Bear cross, represented by the 20 and 50-day Exponential Moving Averages (EMAs) at $1,950.00, indicates more weakness ahead. The yellow metal is seen declining toward the 200-day EMA, which is hovering around $1,907.00
Gold Sell 1932
Target 1928
Target 1920
Target 1916
Sl 1942
Gold Sell 1932
Target 1928
Target 1920
Target 1916
Sl 1942
Note
30 pips running keep hold sellNote
40 pips first target hit keep hold sellNote
Confirm SignalsNote
Hold sellNote
Enjoy free signalsNote
60 pips running keep hold sellNote
80 pips Running keep hold sellNote
Enjoy free signalsNote
XauusdNote
Strongly holdNote
Sell confirmNote
Best my signal
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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.