From the weekly candle, the trend is still bullish. Selling gold at this moment requires caution. However, the 2955s could be a good price to consider selling, as last week saw a strong rejection preventing a higher high.
Right now, I don’t have a clear trading setup for gold. I’ll let the price move during the Asian trading session and reassess for potential opportunities in the European trading session.
Right now, I don’t have a clear trading setup for gold. I’ll let the price move during the Asian trading session and reassess for potential opportunities in the European trading session.
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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.