Gold could correct lower
Gold started the year strong and in just 2 days reached 1950 gaining more than 500 pips.
Following price action, we can see that prices in 1950 zone are sold and, after 5 consecutive green days, a correction wouldn't surprise me.
Scalpers can try to sell rallies in this zone and 1925 support could be the target
Following price action, we can see that prices in 1950 zone are sold and, after 5 consecutive green days, a correction wouldn't surprise me.
Scalpers can try to sell rallies in this zone and 1925 support could be the target
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Related publications
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.