Gold Will be Bearish / SHORT
Closing the price below the resistance line will automatically provoke shorts, which are very likely to be directed to the support level of 1800. In general, price movement above 1830.80 is not expected yet. we are monitoring XAUUSD for a selling opportunity around 1828-1830 zone, once we will receive any bearish confirmation the trade will be executed.
as u can see in our last analyze in the last week, we expect bullish gold until 1828-1830 and it was correct and nice move to 1828 happened
as u can see in our last analyze in the last week, we expect bullish gold until 1828-1830 and it was correct and nice move to 1828 happened
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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.