Sell gold from 2,000 to 1,900
High volumes but a stalling price suggests that buying momentum is out of steam.
Will look for a possible short if price hits the psychological resistance of 2k.
Long term still bullish on gold due to fundamentals as indicated by the 3rd arrow.
Will look for a possible short if price hits the psychological resistance of 2k.
Long term still bullish on gold due to fundamentals as indicated by the 3rd arrow.
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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.