Nitin_15

XAUUSD touched 1992, Safe to Buy??

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has touched 1992 with a deficient volume. How can someone expect that it would go above 2020? There is a possibility that the market will show a bullish move and might close above 2000 in the upcoming days to trap retailers. After buying, big INSTITUTIONS will be ready to short and would lead the market to 1888 levels.
Stay Updated!
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.