Gold Spot / U.S. Dollar
Short

GOLD is gaining momentum for sell!!!

147
Based on higher time frame analysis, it is observed that Gold is struggling to move higher. It is now caught in a downward spiral as it closes below the EMA's and is slowly gaining momentum in lower timeframes like M15.

snapshot

I believe we might experience a significant downward movement in the market.

Trade at your own risk!! this is not a signal service but my analysis on the market

NOTE: High alert new for FOMC so be careful

Stop Loss =2370
Profit Target = 2292

snapshot



Follow me for more breakdowns!!

Thank you

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.