After dropping hard Monday on Asian session, as normal, Gold rebounded and filled the gap.
At this moment XauUsd is still in a correction phase and a small leg up is not out of the question.
However, considering the power of the drop I will not trade on the long side but look for selling opportunities.
As I mentioned yesterday, 1760 zone could be a good place for short trades, and only Gold back above 1795 would change my strongly bearish outlook
At this moment XauUsd is still in a correction phase and a small leg up is not out of the question.
However, considering the power of the drop I will not trade on the long side but look for selling opportunities.
As I mentioned yesterday, 1760 zone could be a good place for short trades, and only Gold back above 1795 would change my strongly bearish outlook
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🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.