GOLD dip buying

٦ سبتمبر ٢٠١٩

1500 proving to be a good psychological area. Yesterday we lost the daily uptrend which signals that weekly consolidation could be in the cards. However 1500 being a good area for shorts to cover/dip buying means that we could anticipate a bounce into next week.

1500 breaking today is unlikely but if that were to happen, stops would be triggered!

Good trading.