Sell opportunity on GOLD/XAUUSD
As we can see gold has been on a downtrend for the longest time, we broke the region that we currently on but price came back into a buying movement.
However price failed to establish itself above the 1920 region, and for that reason I think that the presence of buyers in the GOLD market is weak, expecting sells to the downside
However price failed to establish itself above the 1920 region, and for that reason I think that the presence of buyers in the GOLD market is weak, expecting sells to the downside
Trade closed: target reached
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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.