Gold $ spot: Pullback to $1720 likely? Short

GOLD (US$/OZ)TVC

Description

⋅ Nov 4, 2021 4:49 AM

Downside price momentum supports the bearish trend.
RSI leaves enough room for further downside price potential.
Crossed below its 200-day simple moving average.
Broke through some key support.

Comments

Thinus5422

⋅ Nov 4, 2021 7:59 AM

Thanks for analysis.