The pressure is still downwards and we may see 17.9650 test (T-line support). I am cautious seller, as we need to carefully monitor GOLD, which is becoming overextended, same as cryptos.
Strategy SELL @ 18.0550 - 18.1250 and place SL above 18.1575 and profit @ 17.9650 for now.
Strategy SELL @ 18.0550 - 18.1250 and place SL above 18.1575 and profit @ 17.9650 for now.
Note
the pattern is stalling, and there is a chance of pullback to 18.1500-18.2000. so am removing SELL suggestion for now, and am likely a BUYER with SL below 17.9750.
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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.