Yesterday's Take profit hit, engaging new Short on Bear wave

106
As I noted yesterday, Gold is in inevitable Bear market. Now, we got space for small correction on Gold, but in meantime, DX had a Bullish confirmation which was a catalyst for Bearish wave on Gold. DX had a strong reversal but technically it should be on a selling pressure since US equities are in huge crisis. Of course, we are engaging a new Short and taking all circumstances in consideration, our main tactic and strategy is not compromised and soon enough we will witness new Bearish session on Gold.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.