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FxWirePro
May 4, 2023 8:23 AM

Gold- Bearish divergence and over bought  Short

Gold / U.S. DollarFOREX.com

Description

Chart pattern- Bearish divergence

Gold hits fresh all-time high after less hawkish Fed rate hike.It hits a high of $2081 and is currently trading around $2032.99.

It is good to sell on rallies around $2038-40 with SL around $2070 for a TP of $1935.

Comment

target achieved @1935
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