Downside Prevails
Our Pivot: 1837.70
Our Preference: Start short selling Gold below 1831.30 with strict stop loss of 1837.70 and profit target at 1823.50 and 1818.00.
Alternate Scenario: Upward penetration of 1837.70 will call for 1841 and 1845.
NOTE: GOLD is moving inside a descending price channel.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.