🇬🇧 : The overall trend of GOLD is bearish despite its renewed strength since March 8, 2021. However we can see price compressing in ascending triangle above a major resistance which pushes me to think of a rapid rise in the coming days. I do not get out of my head that the overall trend is bearish, but it would be interesting to place a Limit order of purchase on the next resistance at 1767.24 -
-Buy Limit Order : 1767.240 -Take Profit : 1835.53 -Stop Loss : 1744.51
As for the economic announcements, the President of the FED speaks Monday at 02:00PM and his speech will necessarily have an impact on the assets. Let’s remain vigilant about the volatility of the E-U-A markets. _________________________________________________________________
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