Gold above 2700

١٨ أكتوبر

Gold breakout psychological level of 2700 and now trading above this level after Chinese data ;as per my view buying at these elevated levels is risky (Same goes with sell also : sell is also risky but with proper MM sell seems to be more favorable as per volume distribution ) : So my plan is to sell at every Intra day resistance as per Pivots (R1:2702,R2:2711,R3:2725 and weekly R3: 2734).