Short gold Around 67-70 Short

GOLD (US$/OZ)TVC

Description

⋅ Mar 24, 2022 3:42 PM

[SELL] XAUUSD - Bearish - look to Sell at 1967

◾ Daily signals are mildly bearish
◾ There is scope for mild buying at the open but gains should be limited
◾ Resistance is located at 1970 and should cap gains to this area
◾ Preferred trade is to sell into rallies

Stop: 1994
Target 1: 1902
Target 2: 1875

Chart