Gold defends 200-day EMA amid risk-aversion, bearish bias remains
Gold enters a bearish consolidation phase and seesaws between tepid gains/minor losses just above the $1,910 level, or the lowest since July 7 touched during the Asian session. The fundamental backdrop seems tilted in favour of bearish traders.
Gold sell zone 1915
Sell limit 1920
Target 1910
Target 1903
Gold enters a bearish consolidation phase and seesaws between tepid gains/minor losses just above the $1,910 level, or the lowest since July 7 touched during the Asian session. The fundamental backdrop seems tilted in favour of bearish traders.
Gold sell zone 1915
Sell limit 1920
Target 1910
Target 1903
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Gold sell 30 pips running
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1 target hit 50 pips done ✅
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Gold sell 110 pips running
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All target hit 120 pips done ✅
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