GOLD gold sell now target 3320Gold Spot / U.S. Dollar forum
GOLD gold sell now target 3320
GOLD A trader who doesn't place an SL will eventually lose the entire account
XAUUSD Gold sell now 3333-3335SL: 3343
TP: 3325
TP: 3315
TP: 3300
TP: OPEN
Risk management is important 🛡
GOLD Gold SeII now 3333Take profit 3329
Take profit 3325
Take profit 3321
Stop loss 3340
XAUUSD who agree sellXAUUSD who agree buy TP 3341GOLD Vote for buyGOLD Vote for Sell
XAUUSD Gold has had 2 sessions of recovery from the area around the 0.382% Fibonacci retracement, but the temporary upside momentum is still limited and does not qualify for a new bullish cycle.In the short term, the EMA21 with the 0.236% Fibonacci retracement will act as the nearest resistance, if gold takes the price action to break above the 0.236% Fibonacci retracement level it will qualify for a new bullish cycle with the target then being around $3,400 in the short term, more so than $3,430.
On the other hand, with the current neutral trend, once gold is sold below the 0.382% Fibonacci retracement level again, it will have conditions to decline, and the target then is around 3,246 USD in the short term, more than the 0.50% Fibonacci retracement level.
The RSI index is hovering around 50, also showing that the market sentiment is still hesitant to have a specific direction.
GOLD gold buy now target 3340