Gold might drop again if the bulls fail at 1895
Hello traders! My previous idea to sell Gold@1900-1910 was a huge winning
trade as Gold dropped to 1854. I hope you made money from that idea.
(Previous idea attached below for your reference)
Currently, Gold is near the 100 period moving average in the hourly chart.
Price seems to have found some resistance near the 1895 level. So, if this level is intact,
another fall is likely.
So, I recommend selling the rallies @1895 with SL above 1910 and TP at 1850 for another
huge sell trade.
trade as Gold dropped to 1854. I hope you made money from that idea.
(Previous idea attached below for your reference)
Currently, Gold is near the 100 period moving average in the hourly chart.
Price seems to have found some resistance near the 1895 level. So, if this level is intact,
another fall is likely.
So, I recommend selling the rallies @1895 with SL above 1910 and TP at 1850 for another
huge sell trade.
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Related publications
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.