Gold prices face pressure after a short-lived recovery approaching $1956.00 as US Dollar extends bullish bias. The precious metal moved into bearish territory after breaking of a Double Top chart pattern around the $1980.00 level, which foreshadows a bearish reversal.
The yellow metal tests the area below the 20-day and 50-day Exponential Moving Averages (EMAs), which suggests that the short- and medium-term trend is turning bearish.
I predict next week will signal a decline in gold. Be patient and wait for the profits to come
Comentário:
SELL XAUUSD 1960 => 1956. +40pip💟💟