Gold is currently forming a double top pattern, which significantly increases the probability of a downside move. Therefore, the recommended trading strategy is to sell with a (TP) target at 2640-2632.
Trade active
Short gold, target 2658-2652
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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.