GOLD - USD 1h
Updated
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GOLD - USD as long as the price remains well below 2,344.81 USD. The sellers' bearish objective is set at 2,318.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,301.40 USD. In case of crossing, the next objective would be the support located at 2,291.38 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
MY OPINION
BEARISH UNDER 2,344.81 USD
MY TARGETS
2,318.00 USD (-0.31%)
2,301.40 USD (-1.02%)
MY OPINION
BEARISH UNDER 2,344.81 USD
MY TARGETS
2,318.00 USD (-0.31%)
2,301.40 USD (-1.02%)
Trade active
Trade closed: target reached
hit 2320
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