Hello traders!
If you haven't already noticed I'm always bearish on GOLD , but I couldn't deny this, it looks like GOLD is going to reach 1858$ levels soon, we are still waiting for a retest of the 1830$ support zone , after that we wait for a confirmation using a smaller time frame chart to get into a buy position. ENTERY: 1830-32 (Wait for confirmation), SL: 1820, TP: 1856
To further confirm this, take a look at the DXY 2H chart, its clear as the sun.
Make sure to let me know what do you think of this!
If you haven't already noticed I'm always bearish on GOLD , but I couldn't deny this, it looks like GOLD is going to reach 1858$ levels soon, we are still waiting for a retest of the 1830$ support zone , after that we wait for a confirmation using a smaller time frame chart to get into a buy position. ENTERY: 1830-32 (Wait for confirmation), SL: 1820, TP: 1856
To further confirm this, take a look at the DXY 2H chart, its clear as the sun.
Make sure to let me know what do you think of this!