Mihai_Iacob

Gold- Sell rallies is my strategy

Singkat
Mihai_Iacob Telah dikemas kini   
OANDA:XAUUSD   Emas Semerta / Dolar A.S.
Gold had a bad week so far, with the price diving more than 500 pips in just 2 days.
This drop was stopped by the long-term support that lies around 1770 and at the time of writing XauUsd is trading at 1780.
At this point, a rebound is not out of the question but, in my opinion, buying Gold at this point is too risky.
What I would like to do instead is sell rallies towards 1800 as I expect the drop to continue.
The chart structure is strongly bearish under 1820 and only a daily close above this zone would change my opinion
Komen:
Gold could accelerate losses at this point.
In my opinion 1765 support will not hold and Gold could drop towards 1700 if not under.
I will make a longer term analysis tomorrow

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.