Gold - Intraday - We look to Sell a break of 1788.4 (stop at 1805.5)
We look for losses to be extended today.
Prices are extending lower from the bearish flag/pennant formation.
Price action is forming a bearish flag which has a bias to break to the downside.
A break of 1800 is needed to confirm follow through negative momentum.
Our outlook is bearish.
There is no indication that the selloff is coming to an end.
Our profit targets will be 1736.6 and 1712.6
Resistance: 1815.0 / 1830.0 / 1850.0
Support: 1800.0 / 1770.0 / 1740.0
We look for losses to be extended today.
Prices are extending lower from the bearish flag/pennant formation.
Price action is forming a bearish flag which has a bias to break to the downside.
A break of 1800 is needed to confirm follow through negative momentum.
Our outlook is bearish.
There is no indication that the selloff is coming to an end.
Our profit targets will be 1736.6 and 1712.6
Resistance: 1815.0 / 1830.0 / 1850.0
Support: 1800.0 / 1770.0 / 1740.0
Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.