Gold continues to trade lower Gold continues to trade lower despite minor profit booking in US treasury yields.
Global stock market- bullish (Negative for gold)
US dollar index –Bullish (negative for gold)
Technical:
The near–term support is around $1938, violation below targets $1919/$1900.
good to sell $1960
SL $1980
TP $1890.
Livesignals
GOLD, XAU/USD, HEAD & SHOULDERS BOTTOM !!! HEAD AND SHOULDERS BOTTOM, EVERYBODY KNOWS THAT WE SHOULD ENTER INTO A LONG POSITION WHEN THE PRICE RISES ABOVE THE RESISTANCE OF NECKLINE
I'm a new user at trading view i already posted this movement days ago at my instgram account,
and here i share it with you,
we already still have enougt dollars to collect,
the estimated tp rate is 1,850$, because it's the same percentage at the depth of the head to neckline 12.3%,
me as good trader wouldn't go at the biggest rate i'll go less with 15$,
i wish all the best for us,
lets watch and have fun,