GOLD:SHORT From 1660.000 Level for a Pullback SHORT Setup
Updated
Gold prices hit a 10-day low on Tuesday, with broader metal markets losing more ground as the dollar rebounded ahead of a widely expected Federal Reserve interest rate hike.
Our main Idea about the GOLD remains SHORT in the long term, with the price today opening the market with a bullish candle to recover some value with our entry placed at the point 1660.000 to see a pullback in the direction of the main trend. The Alternative scenario will come in only if the price goes over the dynamic trendline and reach point 1690.000
Our main Idea about the GOLD remains SHORT in the long term, with the price today opening the market with a bullish candle to recover some value with our entry placed at the point 1660.000 to see a pullback in the direction of the main trend. The Alternative scenario will come in only if the price goes over the dynamic trendline and reach point 1690.000
Note
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