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Gold at a critical level, how to trade it now?

416
Dear traders, Gold is currently at a critical level.
The price of Gold is hovering around the 100-hour moving
average.

As the hourly EMA is considered an indicator of the short-term
trend
, we can consider the 1915 level as a key level for Gold.

If the bears break this level, and price falls below the highlighted
area in my chart, expect further decline in Gold to 1890
.
Not
Price is still in the same zone highlighted in the chart, waiting for a break
Not
Although the price has spiked after the data release, it could still go back to 1900. However, exercise caution now

Feragatname

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