Overnight, Gold broke the upwards trend line support giving bulls a clear reason to pause.
Now the price is in horizontal support and this can give up also next week if not even today.
For now, I'm bearish Gold and I will remain a bear as long as the price is under 1710-1715 zone.
A target for sellers can be 1640
Now the price is in horizontal support and this can give up also next week if not even today.
For now, I'm bearish Gold and I will remain a bear as long as the price is under 1710-1715 zone.
A target for sellers can be 1640
📈 Forex & XAU/USD Channel:
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.