Goldsignal75

Gold continues to trade lower

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold continues to trade lower despite minor profit booking in US treasury yields.

Global stock market- bullish (Negative for gold)
US dollar index –Bullish (negative for gold)

Technical:
The near–term support is around $1938, violation below targets $1919/$1900.

good to sell $1960
SL $1980
TP $1890.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.