Yesterday Gold found support in 1940 and after the second failed attempt of a breakdown, broke 1950 resistance and catch some bullish momentum.
However, although we have this rally, I expect to be short-lived and I maintain my bearish bias.
I will look to sell Gold on confirmation and a dive under 1950 would put in another lower high on our chart and give scope for a new retest of 1910 support.
However, although we have this rally, I expect to be short-lived and I maintain my bearish bias.
I will look to sell Gold on confirmation and a dive under 1950 would put in another lower high on our chart and give scope for a new retest of 1910 support.
📈 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.
📈 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.