Hi Guys,
Based on the chart, gold maybe gonna try 1520 before falling down to previous support. Yesterday news pushed gold way higher but the resistance at 1509 did a very good job. My bias still short. RSI overbought. Likely the green scenario could occur to.
** I moved the line “resistance become support” upward to mark latest resistance
Based on the chart, gold maybe gonna try 1520 before falling down to previous support. Yesterday news pushed gold way higher but the resistance at 1509 did a very good job. My bias still short. RSI overbought. Likely the green scenario could occur to.
** I moved the line “resistance become support” upward to mark latest resistance
Note
For those who sell at top, now 40 pips already, set be.. seems like we're heading down.
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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.