karagis75

Gold looking for target around 1760 to 1770...

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold faces stiff resistance around 1760 to 1775...hence short term target remains 1760... If there is break 1775..then looking for resistance around 1790 (50 dma) .

As we thought Gold had a short term bottom around 1675... only close above 50 dma for two days on daily chart.. i will turn long term bullish till then looks a bear flag is forming.. for another move down...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.