Mihai_Iacob

Gold price screams 1850 (at least)

Satış
OANDA:XAUUSD   Spot Altın/ABD Doları
I've been bearish Gold all week and, although the price didn't yet confirm my outlook, my opinion hasn't changed, more, I'm even more convinced.
On Friday we have a new attempt by gold to overcome local resistance 1910-1912 but the price fell and close at 1900.
As I said, the rise from 1850 zone is corrective and a break under 1895 would confirm that we have a new lower high in place at 1930 (already the 5th).
Considering one month of distribution this break could dramatically accelerate losses and although my profit target is at 1850 I wouldn't be surprised if gold will fall to 1800 zone.
Those of you who are not short can search to sell rallies and 1910 zone would offer also a fabulous R:R

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.