Short Scenario For Gold
Given last week's NFP data, a falling gold scenario is more likely. In my opinion, it is possible for the price to reach 1780 and even 1788 and move down again.
Of course, the issue of war between China and Taiwan should not be ignored. In the event of a war and the defeat of 1788, the scenario of selling gold will definitely disappear in the short term.
So, in the case of trading, follow money management.
We have Downtrend on daily
https://www.tradingview.com/x/ZiL6vHcy/
Of course, the issue of war between China and Taiwan should not be ignored. In the event of a war and the defeat of 1788, the scenario of selling gold will definitely disappear in the short term.
So, in the case of trading, follow money management.
We have Downtrend on daily
https://www.tradingview.com/x/ZiL6vHcy/
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