Gold Short
Updated
Today was a volatile day for Gold due to the FOMC press conference, but based on current MA indicators and the DXY, I am expecting the pairing to continue short for the time being.
Sell Entry: 1931.50
Targets: 1929.00 | 1926.80 | 1924.00 | 1922.50 | 1920.50
Support: 1917.00
If price falls below 1917.00 we could potentially see targets as low as 1908.00 and 1900.00 reached.
Be sure to like, subscribe and let me know what you think in the comments below.
Sell Entry: 1931.50
Targets: 1929.00 | 1926.80 | 1924.00 | 1922.50 | 1920.50
Support: 1917.00
If price falls below 1917.00 we could potentially see targets as low as 1908.00 and 1900.00 reached.
Be sure to like, subscribe and let me know what you think in the comments below.
Note
Targets down to 1920.50 reached.
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.