Currently, gold has created a clear downward trend reversal
Please be patient and wait until it hits the above trend and then sell
Forex is easy to make money if your reason overrides your emotions ✊
Wishing you all a peaceful and lucky new week
downward trend
Support indicator: Decline
Technical analysis: down
📍Personal opinion: Reduced
- As I commented last week. Gold plunged beyond its 2000 forecast zone to $1,994 per ounce.
- Gold has completely exited the accumulation zone, with bearish information ahead of the FOMC meeting, highlighting the continued downside risk for gold prices.
-The trader can prefer selling at the current price range today or from 2010 he can wait for a safer sell zone in 2016.