Hello traders, a quick update from our gold sell bias.... Though we didn't get a very good entry, a new entry was locked in after the liquidity hunt to the high and since then gold has been bearish.
Our bias remains bearish because a huge zone need to be mitigated @ 1786, thus we could see a continuation from yesterday's sells. Also, we can see price validating the upTL which we expect price to break out of very soon.
Share your views in the comment session below and trade wisely
Our bias remains bearish because a huge zone need to be mitigated @ 1786, thus we could see a continuation from yesterday's sells. Also, we can see price validating the upTL which we expect price to break out of very soon.
Share your views in the comment session below and trade wisely
Note
Macro bearish but with a little retracement today
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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.