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Goldforecast

Gold is bearish, as expected I must try to do my best in the face of adversity. I've found that if I do this, things tend to get better quickly; conversely, if I try to run away or try to push the problem away, I get more and more anxious and it gets worse. Yesterday the gold market was in range order. The market opened at 1977.4 in the morning. After the market opened at 1982.6, the market fluctuated and fell back. The weekly line reached the lowest position at 1968.6 and then the market consolidated. The daily line finally closed at 1971.6. The market closes with a small Yin line with an upper shadow line slightly longer than the lower shadow line, and after this form ends, today's market continues the range, at the point, the bottom 1616 is more than 1667 and 1670, and 1732 and 1730 are more There is also a stop loss follow-up near 1885 held at 1925. Today's market is 1978 short, conservative, 1980 short, stop loss, 1983, target 1968, and if it falls below 1962 and 1958, it is more prepared to leave the market. Join me and I will guide you to a profitable trade 💵!
PEPPERSTONE:XAUUSDShort
by Domineeringdeal
GOLD Possible drop to daily 20EMAInstrument : GOLD Possible direction : Bearish Technical Analysis : From daily timeframe price has formed daily doji which has formed after multiple liquidity grab from both support and resistance. We see a clear head & shoulder on the 1h chart that has led gold to breakdwon from the trend line and may lead the price to daily 20EMA. On the retest of the hourly trend line a sell trade is high probable for short term. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
TVC:GOLDShort
by ForexWizard01