Gold is in critical position
Updated
The 1D chart is showing gold is in long-term bearish trend.
24th Aug 21 NY session even could not come out of this bearish bias.
The grey area is really nasty - need extra caution to trade.
Without a good scalping experience, better other currencies are good.
Someone is telling, anything above 1800 is sell.
Do you think same or different, please share your views -
24th Aug 21 NY session even could not come out of this bearish bias.
The grey area is really nasty - need extra caution to trade.
Without a good scalping experience, better other currencies are good.
Someone is telling, anything above 1800 is sell.
Do you think same or different, please share your views -
Note
Gold is flame and we are The Insects - yesterday XAUUSD burned many retail traders, many traders got profit, it's the law of mass number, today I hope traders will be much more cautious for FOMC.I'll not be surprised if smart money/manipulation brings XAUUSD up to 1825-30.
I have confusion, so I'm on the sideline (like NFP time) -
waiting for a short entry @ 1825.
The negative trend-line might be invalidated today -
Good luck traders,
Don't forget your stop-loss today, anything can happen between 1995 - 1825 The grey area.
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