GOLD is on the roll still, and as mentioned, that a break above $ 3,029 area will push it higher towards trend line resistance $ 3,088. It is overbought, and that is why we add SELL at the level $ 3,065 or slightly better. Ensure proper risk management, i.e. leverage wisely.
Strategy SELL (or add to short) @ $ 3,065-3,080 area and take profit near $ 2,987 (partial) and rest @ $ 2,937 for. now.
Strategy SELL (or add to short) @ $ 3,065-3,080 area and take profit near $ 2,987 (partial) and rest @ $ 2,937 for. now.
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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.