FxWirePro

Gold- Bearish divergence and over bought

Short
FxWirePro Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Chart pattern- Bearish divergence

Gold hits fresh all-time high after less hawkish Fed rate hike.It hits a high of $2081 and is currently trading around $2032.99.

It is good to sell on rallies around $2038-40 with SL around $2070 for a TP of $1935.
Comment:
target achieved @1935
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.