Gold is sticking between range 1920 to 1937.
Today it tested the 1937 resistance and failed to breakout. It also shifted to the level between 1920 to 1927.
Since the momentum is bearish we may test 1910 level for enough buying pressure. Otherwise we will keep going to 1880 before any new rise.
I suggest to go for
Sell 1927 SL 1938 TP 1908
Today it tested the 1937 resistance and failed to breakout. It also shifted to the level between 1920 to 1927.
Since the momentum is bearish we may test 1910 level for enough buying pressure. Otherwise we will keep going to 1880 before any new rise.
I suggest to go for
Sell 1927 SL 1938 TP 1908
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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.