At this level, buyers are losing momentum, and you can confidently short gold down to the support area. From there, we’ll look for buying opportunities
In my opinion, this support will push gold up because it's showing buying signs here. Please do your own research and manage risk. May pips be with you!
In my opinion, this support will push gold up because it's showing buying signs here. Please do your own research and manage risk. May pips be with you!
Gold is currently in a bullish trend, so selling it could be dangerous. The market has targeted buy-side liquidity and there's been a run on liquidity. Now, the market will likely move towards drawing on liquidity at the levels you see. The market will retrace, and then we'll consider buying