GOLD for many previous posts i share I've always been bearish on gold due to a fundamentally USD Currency Index strength , as well a fundamentally and technically GOLD weakness. currently GOLD is being traded in a sort of a bearish consolidation , and with gold failing to break above 1812 and falling under 1808 is a sign of the sellers pressure on GOLD , and if we see a break of 1798 there is a high probability for GOLD to continue it's bearish run toward 1792/1787 levels before a possible up movement above 1808 to collect more liquidity that will help it in the future fall but that needs to be closely watched .
for trading advice i personally suggest you to wait for a break under 1798 for you to place any sells .
if you find the GOLD post of value please do like it and comment bellow , and press the follow button so you don't miss any future update of this chart .
have a safe trade and I will see you soon in the next post !
Catatan
like I mentioned a break under 1800 took the price to the under levels
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.