Gold Intraday Setup.
Updated
Gold - Intraday - We look to Sell at 1913.4 (stop at 1921.3)
Price action continued to range between key support & resistance (1850 - 1920) although we expect a break of this range soon.
The bias is to break to the downside.
Daily signals are mildly bearish.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 1891.7 and 1862.4
Resistance: 1900.0 / 1910.0 / 1917.0
Support: 1890.0 / 1875.0 / 1850.0
Price action continued to range between key support & resistance (1850 - 1920) although we expect a break of this range soon.
The bias is to break to the downside.
Daily signals are mildly bearish.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 1891.7 and 1862.4
Resistance: 1900.0 / 1910.0 / 1917.0
Support: 1890.0 / 1875.0 / 1850.0
Order cancelled
Order canceled, trade wasn't filled.
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