Gold / XAUUSD will look for the resistance zone
After continuing a very deep downtrend, continuing gold technical analysis for the rest of the week
Gold will try to find a new resistance zone or point, so there will be a slight increase to find the Lower High point in the downward trend
Of course, to reach the new Lower High point, the movement of the increase in gold is not too significan
Best Regards...
DISCLAIMER:
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.
Gold will try to find a new resistance zone or point, so there will be a slight increase to find the Lower High point in the downward trend
Of course, to reach the new Lower High point, the movement of the increase in gold is not too significan
Best Regards...
DISCLAIMER:
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.
Trade closed: target reached:
Hy Guys, GOLD in LONG POSITION...
Happy Profit
Happy Profit