The further downside appears more compelling, as the 50 DMA has crossed below the 200 DMA, confirming a Death Cross a day ago.
Additionally, the 14-day Relative Strength Index (RSI) indicator is lurking below the 50 level, justifying the bearish potential in Gold price.
However, a dead cat bounce cannot be ruled out given that the Gold price has fallen hard in the early part of the week.
If Gold sellers find a strong foothold below the $1,900 support, a fresh sell-off toward the August 21 low of $1,885 will be on the cards. The next downside target is seen at the $1,970 static support.
.Gold Sell 1897
Target 1879
Sl 1908
Additionally, the 14-day Relative Strength Index (RSI) indicator is lurking below the 50 level, justifying the bearish potential in Gold price.
However, a dead cat bounce cannot be ruled out given that the Gold price has fallen hard in the early part of the week.
If Gold sellers find a strong foothold below the $1,900 support, a fresh sell-off toward the August 21 low of $1,885 will be on the cards. The next downside target is seen at the $1,970 static support.
.Gold Sell 1897
Target 1879
Sl 1908
Yorum:
30 pips running keep hold sell
Yorum:
Confirm target
Yorum:
Gold Sell
Yorum:
100% perfect target
Yorum:
Follow My Chart
Yorum:
Support us
Yorum:
50 pips running keep hold sell
Yorum:
Confirm target
Yorum:
Follow My Chart
Yorum:
Support us
Yorum:
80 pips running keep hold sell
Yorum:
Confirm target
Yorum:
Hold guys
Yorum:
100% perfect target
Yorum:
Follow My Chart
Yorum:
Support us
Yorum:
120 pips Running keep hold sell
Yorum:
Sell confirm signal
Yorum:
100% perfect target
Yorum:
Hold guys
Yorum:
Follow My Chart
Yorum:
Support us
Yorum:
180 Pips target hit keep hold
Yorum:
Enjoy free signals
Yorum:
100% perfect target
Yorum:
Follow My Chart
Yorum:
Support us