Gold is bearish!
On the 4-hour timeframe, I expect gold to first drop to the 2800 zone (EMA 89), then reject from this level and make a short bullish move towards 2850, before continuing its decline down to 2730 (EMA 200).
On the 4-hour timeframe, I expect gold to first drop to the 2800 zone (EMA 89), then reject from this level and make a short bullish move towards 2850, before continuing its decline down to 2730 (EMA 200).
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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.