Gold oversold and battling resistance.
Looking to take a short trade back towards 1855, where I believe we should see a bullish switch after testing recent strong confluence zones between 52-58
Take profit will be at 1858,1855 and 1852 for my three small positions. After reaching the area and consolidating, my thesis is that it'll resume its uptrend.
Take profit will be at 1858,1855 and 1852 for my three small positions. After reaching the area and consolidating, my thesis is that it'll resume its uptrend.
Note
Obviously by oversold i meant overbought... kekw
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