Gold 1-hour chart has fallen from a high level, so it is difficult for gold to rise directly without news support in the short term. You can continue to short gold after it rebounds. If the Fed's interest rate decision does not rise sharply, then the idea of shorting gold at a high level will continue. Gold rebounds to observe 3045 pressure level
Note
You need to pay attention to long gold prices at high levels. If gold cannot rise further after the Fed's interest rate decision, then there is a greater possibility that gold will peak in the short term.Trade active
Gold is short near 3042, sl: 3052, tp: 3022Note
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t.me/Mentor45689
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
Related publications
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.