GOLDEN MOMENT IS SLOWLY FADING AWAY

15 Mar 2020

GOLD

Though the risk sentiment on the gold has less investors. Amid corona virus fear the investors tend to invest in gold,CHF,JPY as a safe heaven assets

*After reaching the milestone level of 1700.00 a stronger bearish engulfing handle has formed in 4 hour chart
its almost lost 2000 pips in the span of 9 days

*Further downward momentum will persist in coming days

*We can expect short term bounce towards 1550-1560 level which is also a 78.6% Fibonacci

*From this level we can short this pair and the potential take profit will be 1487.00

*Stop lose may placed above 1595.00 level

*Please leave your valuable comments below

15 Mar 2020

İşlem aktif

The primary target was acheived..and it's running towards 1486.00 level

17 Mar 2020

İşlem kapandı: hedefe ulaştı