XAUUSD Experiencing Strong Bearish
Gold analysis today
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Gold is now priced at 1940 - 1941, the price is still moving at that price. If we look at the trend in general, we can see that Gold has experienced a very drastic decline, since there was news of America's inflation getting worse in history.
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The market has tended to be bearish in recent weeks, and we can do short sell options to take advantage of the moment of price correction which might last a long way to 1916, which was the area where the previous strongest support was, and retest upwards at 1958 in the area of strong resistance. as well as the previous strongest support point.
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Gold has an aggressive nature, so we have to be careful with the gold whisk that often makes traders' margin calls.
More fully, maybe you can analyze it yourself, and monitor the existing news.
.
Don't forget to LIKE this idea, and follow me to get the next idea update.
thank you
.
Gold is now priced at 1940 - 1941, the price is still moving at that price. If we look at the trend in general, we can see that Gold has experienced a very drastic decline, since there was news of America's inflation getting worse in history.
.
The market has tended to be bearish in recent weeks, and we can do short sell options to take advantage of the moment of price correction which might last a long way to 1916, which was the area where the previous strongest support was, and retest upwards at 1958 in the area of strong resistance. as well as the previous strongest support point.
.
Gold has an aggressive nature, so we have to be careful with the gold whisk that often makes traders' margin calls.
More fully, maybe you can analyze it yourself, and monitor the existing news.
.
Don't forget to LIKE this idea, and follow me to get the next idea update.
thank you
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