GOLD Is Going Down! Sell!

27 de jul.

Here is our detailed technical review for GOLD.

Time Frame: 30m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is testing a major horizontal structure 2,387.039.

Taking into consideration the structure & trend analysis, I believe that the market will reach 2,375.793 level soon.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

Like and subscribe and comment my ideas if you enjoy them!

1 de ago.

Trade fechado: objetivo atingido

That was an excellent trade and the target was reached too!