Gold turned back as expected, further drop need confirmed
In my previous idea, I shorted at 1250 level, sell order 1 is protected.
Gold is under pressure of cloud now, it is expected to breakout upward trend line and drop deeper after a little bit consilidation. First major target at 1180
See image below
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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.