Mihai_Iacob

Will Gold break under 1800 this week?

بيع
OANDA:XAUUSD   الذهب / دولار أمريكي
After a low around 1820 last Monday, Gold has spent all last week in a range between this level and 1860 high resistance.
Friday the price encountered selling pressure and Gold has finished the week to the low boundary of the range.
Today s open was also weak for the yellow metal and we have a new local low at 1803.
From the technical point of view, we have a break under support and at the time of writing Gold is testing old support as new resistance.
From this point, bears need a continuation to the downside and if this will be the case a break under 1800 is very probable.
I'm selling Gold this week and only a break above 1860 would change my bearish perspective

🚀 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
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.