hey Traders ,
As i predicted last time gold went down from the trendline , unfortunately there was some manipulation before the news which stopped out a lot of traders.
gold is still bearish technically I believe we are going to see gold on 1906-1910 again ,
you should be looking for shorting opportunities , remember the trend is your friend .
the confirmation will be the break out of this zone.
and fundamentally speaking gold is bearish dollar is still strong.
the weekly candle closed as a inversed hammer too.
this is just a prediction keep in mind this the last week of Q3 The markets are going to be very crazy anything can happen trade safe .
As i predicted last time gold went down from the trendline , unfortunately there was some manipulation before the news which stopped out a lot of traders.
gold is still bearish technically I believe we are going to see gold on 1906-1910 again ,
you should be looking for shorting opportunities , remember the trend is your friend .
the confirmation will be the break out of this zone.
and fundamentally speaking gold is bearish dollar is still strong.
the weekly candle closed as a inversed hammer too.
this is just a prediction keep in mind this the last week of Q3 The markets are going to be very crazy anything can happen trade safe .
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Related publications
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.