Asta3G1122

Sell on Rise Gold

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
CPI data looks to be neutral & Gold was looked as hedging for falling stock markets but seems markets will still be range bound and will wait for some more days as sideways only. Also on Chart patterns Gold on 4 hours have created Shooting star, Double Top, Inverse Flag & Pole, RSI & S RSI indicates Sell, while ADX in upmove are weak although cross overs are pending.

Sell on Rise for Gold thats my verdict. 1980 to 1950 could the targets on down side
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.