The rally started last year in November, looks like it came to an end.
Now is clear that Gold is in a downtrend, and we can see the confirmation given by cross of MA36 and MA100.
Now at this level, we have two options.
A. We can catch a correction to the upside at 1900 level
B. The price will continue its down move to 1800 level.
Don't Stumble Trading. Trade Safe!
Now is clear that Gold is in a downtrend, and we can see the confirmation given by cross of MA36 and MA100.
Now at this level, we have two options.
A. We can catch a correction to the upside at 1900 level
B. The price will continue its down move to 1800 level.
Don't Stumble Trading. Trade Safe!
Trade closed: target reached:
Sell trade TP reached