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SroshMayi
May 12, 2023 12:57 PM

GOLD IT LOOKS BEARISH  Short

GOLD (US$/OZ)TVC

Description

GOLD

Gold price presents new negative trades
So stability above 2025 will support the rising to get 2033

but still under it, Therefore, the negative scenario will remain active to reach 1999 and under it will touch 1987


pivot price: 2019
support price: 2006 & 1999 & 1987
resistance price: 2033 & 2047 & 2052

The expected general trend for today: Bearish

the movement range for today will be between 2025 and 2000
Comments
HayeTrading
Idea looking good, very much agree on being bearish gold, aiming for mid 1980s as near term target 👍
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