ElenaMayi

after geopolitical attacks, gold looks bearish

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold continues to shine due to tensions in the Middle East, reaching the 2417 level, with increasing reports that Israel attacked Iran, raising fears of a broader regional conflict, which increased the attractiveness of bullion as a safe haven.

So now we will see a retest, then will start the positive trading to get 2405.

However, it is important to realize that as long as the gold trade is maintained below the 2393 level, we will remain in a bearish trade and reach the 2360 level as the first gain.

Pivot level: 2330
Tendency: down trend
Entry Price: 2381

about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%

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