GOLD Buyers In Panic! SELL!

9 Ağu 2023

My dear subscribers,
Please, find my technical outlook for GOLD below:
The asset is approaching an important pivot point 1916.13
Bias - Bearish

Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target -1900.95
My Stop Loss - 1924.90

About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK