Gold Overbought- Signs of Exhaustion
Updated
Gold has been overbought (daily) over the past few days and is starting to show signs of exhaustion.
The pullback is expected towards $1950 and a possible retest of 200 day MA- $1930
Middle East War/ Geopolitical Uncertainty Priced In
Tight SL- Healthy TP
The pullback is expected towards $1950 and a possible retest of 200 day MA- $1930
Middle East War/ Geopolitical Uncertainty Priced In
Tight SL- Healthy TP
Trade closed: target reached
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.