Hello dear friends!
The precious metal is trading below resistance at $2045, continuing its downtrend on the day although the outlook remains bullish, marking a $7 decline on the day.
With the possibility of a head and shoulders pattern forming, I expect gold to fall to the indicated level.
The precious metal is trading below resistance at $2045, continuing its downtrend on the day although the outlook remains bullish, marking a $7 decline on the day.
With the possibility of a head and shoulders pattern forming, I expect gold to fall to the indicated level.
Trade active
Trade closed: target reached
Comment:
