FUNTRADER-Vera
Short

3006 WKP3 Gold waiting for signal from pressure line to sell

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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!
Comment: Possible way for gold to drop later after NFP.
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Comments

good idea well see the next move of this precious metals...have a great day ;-)
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FUNTRADER-Vera HuvieOraye
@HuvieOraye, ah, thank you .
You have a great day too.
Reply
you are keeping asking for sell and target 1700 or below, but indeed, gold price is keep going up
Reply
@north01, yes, we are still waiting and missed all the opportunities to sell.
But check it on daily and 4H chart later on Thursday after NFP, maybe will see more clues for sellers.

Good luck!!!
Reply
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