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Gold- Bearish divergence and over bought
Gold Spot / U.S. Dollar
Short
Gold- Bearish divergence and over bought
By FxWirePro
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Updated
Jun 21, 2023
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May 4, 2023
Chart pattern- Bearish divergence
Gold hits fresh all-time high after less hawkish Fed rate hike.It hits a high of $2081 and is currently trading around $2032.99.
It is good to sell on rallies around $2038-40 with SL around $2070 for a TP of $1935.
Jun 21, 2023
Note
target achieved @1935
Chart Patterns
Trend Analysis
FxWirePro
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