Gold has been under pressure for quite a few days. In the day it shed a handful of money from its value. In this process it had an intraday penetration of 4 hour support and resistance level. Albeit it retraced back quickly but it is trading in the range. If it brakes the range downward we may initiate the short sell.
For convenience all the levels have been marked on the chart.
Have profitable trading
For convenience all the levels have been marked on the chart.
Have profitable trading
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.
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.