FX:XAUUSD   Gold Spot / U.S. Dollar
I go for gold short.
Fundamental:
The economy is re-opening, the tension between China-US didn't add anything to the gold price which usually benefit from tensions (very disappointing for those they were hopping this news increase the gold price today). Also I see DAX is going up, stronger dollar, weaker gold . SPX500 future is near 3000!
On the Technical side:
I see a strong rejection at $1764 for the daily candle. Also RSI seems bearish to me. I think it's time for gold to take some rest till the end of summer. I will wait for $1650 to enter the market. Very tough decision on a bull trend!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out