Dear GOLD XAU USD :: Where do we go?

29 Nis 2021

We were in a boring range and seems that it started to move lower. Currently trading in between main EMA's and opposite direction channels.

I remain bearish and adding positions based on the channel ranges.

Cheers

30 Nis 2021

İşlem aktif

So far so good. Gold price fell to 1764 and was supported by EMA lines in that area. Probably we will go further down to 1750-1754 and below.