Gold oversold and battling resistance.

Looking to take a short trade back towards 1855, where I believe we should see a bullish switch after testing recent strong confluence zones between 52-58

Take profit will be at 1858,1855 and 1852 for my three small positions. After reaching the area and consolidating, my thesis is that it'll resume its uptrend.

Yorum:

Obviously by oversold i meant overbought... kekw