3006 WKP3 Gold waiting for signal from pressure line to sell
Hello traders,
GOLD is still testing the pressure line.
We might be able to see a bearish signal for it to pull back down to the red line.
The green line is possible if it drop down hard to break buyers' SL or buyers want to take the profit before too late.
So 1740-1749 is the 1st pull back target ZONE.
1700-1710 is the weaker one.
Check monthly chart later as this is the last trading week for June.
Good luck!!!
LESS IS MORE!
GOLD is still testing the pressure line.
We might be able to see a bearish signal for it to pull back down to the red line.
The green line is possible if it drop down hard to break buyers' SL or buyers want to take the profit before too late.
So 1740-1749 is the 1st pull back target ZONE.
1700-1710 is the weaker one.
Check monthly chart later as this is the last trading week for June.
Good luck!!!
LESS IS MORE!
Comment:
Possible way for gold to drop later after NFP.
