riticonsultancy

Sell GOLD at CMP 1811 with SL 1820 tgt 1795/1785/1775/1765

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold prices are sitting atop rising trend support guiding them higher since August 2021. Immediate resistance is at 1813.40, with a break above that exposing the 1834.14-49.64 area. November’s swing top at 1877.15 follows thereafter. A daily close below 1778.50 may confirm bearish reversal, targeting 1750.78 next.


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.