Mihai_Iacob

Gold can resume its down move

Viés de baixa
OANDA:XAUUSD   Ouro/Dólar Americano
Since the low made at the beginning of the week, Gold has started to correct and has risen towards important 1770 resistance, just to reverse back down after reaching 50% Fibo of the 1800-1730 drop.
In my opinion, the recent rise is just a correction and we can expect Gold to resume its down move soon.
That being said I will look to sell rallies near resistance with a target in the previous low.
Negation comes with a daily close above 1770

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.