BUY @ 1722
Sl @ 1706
Tp @ 1790
Gold is extremely oversold but still has room to drop and is currently showing no signs of bears exhaustion. This precious metal collapsed this week as fears of a global recession took over and undermined the investors confidence which boosted the dollar as it is a safe haven (eventhough odds of a major economic setback is increasing).
NFP due Friday!
Eventhough our buyzone is a strong support level, please only enter once you see rejections/price slowing down as it approaches the red zone.
Sl @ 1706
Tp @ 1790
Gold is extremely oversold but still has room to drop and is currently showing no signs of bears exhaustion. This precious metal collapsed this week as fears of a global recession took over and undermined the investors confidence which boosted the dollar as it is a safe haven (eventhough odds of a major economic setback is increasing).
NFP due Friday!
Eventhough our buyzone is a strong support level, please only enter once you see rejections/price slowing down as it approaches the red zone.
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t.me/FXSJGOLD
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let 12 years of experience do the job for you, join the winning team!
t.me/FXSJGOLD
instagram: fxsjgold
Trading made stress free..
