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ForexTrendline
Oct 18, 2021 12:43 PM

Waiting on GOLD Short

GOLD / U.S. DOLLARICE

Description

Last week we saw big fluctuations on GOLD. We've been mentioning the sell opportunities all the time.
The case is still the same.

In case of a break below the previous lows, we will sell and aim for the levels below 1724.
If it goes to the upside, we will look for reversal signals and sell again with a target below 1724.

We do not recommend entries at current levels. Price is at support and this is not a good time to sell.

Watch out for our daily analysis to find out which one of those two options will develop and when will be the entry.
Comments
TheTradersAvenue
Very great analysis. Thanks
ForexTrendline
@TradingAxis, awesome, you're welcome!
TheSignalyst
nailed it mate!
ForexTrendline
@TheSignalyst, cheers bro!
KlejdiCuni
Nice one!
ForexTrendline
@KlejdiCuni, thank youuu
MMBTtrader
first 1780--1800 yes

thanks for sharing
ForexTrendline
@MMBTtrader, you're welcome!
VasilyTrader
I guess we have a similar view on that. Well done!
ForexTrendline
@VasilyTrader, cheers, that's great to hear!
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