Yesterday the news was positive for USD. This made gold see new lows and reach 1788 level. However the order blocks near this price helped it to pump back to 1800 plus. As we can see the bearish momentum still dominates on gold. I suggest go for shorting today as we are near the strong resistance zone 1811 to 1814.
Today we can go for short at price near 1808 with SL at 1812 and TP1 at 1802, TP2 at 1798
Today we can go for short at price near 1808 with SL at 1812 and TP1 at 1802, TP2 at 1798
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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.