Short Gold
Updated
Waiting for a pullback to 1231-1232 (max. 1237) to short Gold.
There are the 200 daily and 200 weekly moving averages.
I think there is a high probability that Gold will test the uptrend line at around 1170-1180 over the next 3-4 weeks.
FOMC meeting end of July (25-26) may mark the bottom.
SL: 1238 at the current downtrend line.
Good Trading!
There are the 200 daily and 200 weekly moving averages.
I think there is a high probability that Gold will test the uptrend line at around 1170-1180 over the next 3-4 weeks.
FOMC meeting end of July (25-26) may mark the bottom.
SL: 1238 at the current downtrend line.
Good Trading!
Note
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