If price gets around 2515, I will hedge for bearish scenario
Strong push downside with a small pull back + touched 2503 = Bearish trend is more likely
It looks like price wants to revisit 2500 first
September is usually a bearish month for gold
Let's wait and see
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(5m, 3m, 1m)
Strong push downside with a small pull back + touched 2503 = Bearish trend is more likely
It looks like price wants to revisit 2500 first
September is usually a bearish month for gold
Let's wait and see
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(5m, 3m, 1m)
Note
TP reached at 2503.6
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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.