peterbokma

GOLD-SELL strategy

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
It start feeling tricky for GOLD. We are near a support and MACD negative and same for RSI.

It feels we may see test of current support, and this means $ 1,625 opens up as a possibility. Watch the support and behavior near it. Also noting we are entering NEW MOON phase and this could create further downward pressure.

SELL @ 1,725 on break of support line. Take profit $ 1,657 for now.

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