GOLD Gold prices struggled to capitalize on modest overnight gains from the vicinity of 1,900$, or weekly lows, and remained on the defensive throughout Friday's Asian session. GOLD is now trading around the 1910$ region, mostly unchanged on the day, and looks vulnerable to an extension in the two-month downtrend from all-time highs touched in May.From a technical perspective, the overnight swing low, just before the 1,900$ mark, could continue to act as immediate support ahead of the 1,893$-1,892$ area or multi-month lows announced. touched last week.
Buy the current price, I believe you will be profitable, I also don't care if gold has a retracement because the EMA is around 1917, but just go buy it, and we will win together.
Trade active
BUY 1912 => 1917. +50pip✅✅
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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.