TradingView
Amine_Haboula
Jul 27, 2021 2:28 AM

GOLD Long

GoldOANDA

Description

Gold is edging lower ahead of fed meeting tomorrow and remain cautious about any monetary decision besides interest rate.

also a possibility of less liquidity in the market because of yesterday's Bitcoin went back to the upside near 40k again, investors will transfer a part of gold's capital to cryptocurrency market by selling their positions to have more equity.

otherwise it remains a good opportunity for buy and keep position with small stop loss below 1790 and 4 to 5 times profit near 1825.
More