Gold Spot / U.S. Dollar
Short
Updated

Gold need a correction before a more clear signal

226
Gold broke its previous resistance and move higher. And we could find that there are tons of resistances ahead of current level.
RSI and MACD are overbrought. So i think we need a healthy correction very soon.
Note
Take half profit and see if gold could break its support level.
Note
Nice! Take another 25% profit.
Trade closed: target reached
Take all the profit and ready to buy this market

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.