Under Pressure
Our Pivot: 1882.50
Our Preference: Short sell Gold below 1877.50 with strict stop loss of 1882.50 and profit target at 1871 with extension towards 1867 and 1863.
Alternate Scenario: Upward penetration of 1882.50 will call for 1885 and 1889.
NOTE: Gold is being capped by its previous supportive trend line.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.