GOLD Massive Short! SELL!
My dear friends,
I analysed this chart on GOLD, and concluded the following:
The instrument tests an important psychological level 1954.55
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1940.19
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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