Possible Bearish Scenarios for Gold?
Updated
We have successfully been shedding this market to the downside since getting involved around 1980. Possibility for immediate continuation to sink "support" levels or we look for a better selling price above 1945. Any upside should be false or short term and any consideration of some solid bulls should be between 1885 and 1895.
Ideally,
If the market shows positive upside and you missed entry at the low, Sell level 1945 -55
Else is market continues to sink short-term support levels Buy 1885 - 1895
#Disclaimer.
############
- Not trading advice
- Analysis is purely technical, (0% fundamental consideration, do your own due diligence)
Ideally,
If the market shows positive upside and you missed entry at the low, Sell level 1945 -55
Else is market continues to sink short-term support levels Buy 1885 - 1895
#Disclaimer.
############
- Not trading advice
- Analysis is purely technical, (0% fundamental consideration, do your own due diligence)
Note
Not a bad idea to place a stopout entry,Sell Entry 2: 1955
SL: 1965
Disclaimer
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