Gold had a big reversal day yesterday, putting in a large bearish engulfing from 1960 resistance on our daily chart.
Gold becomes pretty bearish at this point and the normal rise from 1900 confluence support is just correction in my view
From the short term, a technical perspective Gold just reached resistance zone which coincides to 50% Fibo and a new leg down could follow
Gold becomes pretty bearish at this point and the normal rise from 1900 confluence support is just correction in my view
From the short term, a technical perspective Gold just reached resistance zone which coincides to 50% Fibo and a new leg down could follow
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.