Gold may fall to 1780 - 1786
Our preference
Short positions below 1808.00 with targets at 1786.00 & 1780.00 in extension.
Alternative scenario
Above 1808.00 look for further upside with 1818.00 & 1828.00 as targets.
Comment
The RSI is bearish and calls for further downside.
Daily and weekly charts are also bearish.
Our preference
Short positions below 1808.00 with targets at 1786.00 & 1780.00 in extension.
Alternative scenario
Above 1808.00 look for further upside with 1818.00 & 1828.00 as targets.
Comment
The RSI is bearish and calls for further downside.
Daily and weekly charts are also bearish.
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.
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.