Short
Updated

Gold overview short

115
Gold price still moving downwards with recent whipsaw of both buyer and seller in the market from previous fake breakdown yesterday.

We expect the price to be cap at 1816 and a potential target on the downside would be 176x.

On daily price range, we will observe a possible rebounce around 1783-1785 on a daily range.
Trade closed: stop 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.