EUR/USD daily chart analysis, where/when to sell?
Gold has been in a prolonged uptrend since November last year. Price has rallied from 1600 levels
to above 2000. However, is the uptrend running out of steam? Well, I recommend traders to wait
for Gold to reach the previous high of 2063.
If we can see bearish price action at this level, traders can sell Gold@2060-2080 with Stop Loss
above the resistance level and TP at 1875.
to above 2000. However, is the uptrend running out of steam? Well, I recommend traders to wait
for Gold to reach the previous high of 2063.
If we can see bearish price action at this level, traders can sell Gold@2060-2080 with Stop Loss
above the resistance level and TP at 1875.
Comment:
The headline is mistakenly written as EURUSD instead of Gold