Dear traders, XAU/USD may have started peaking. In my previous update
on Friday, I recommended selling Gold@2001-2005. Currently, still holding
that position and expecting further drops in Gold.
If you look at the daily chart, you will notice that the highlighted zone has
become a strong resistance for the Gold bulls. So, if this zone continues
to hold, expect 1920 in Gold in the coming days.
on Friday, I recommended selling Gold@2001-2005. Currently, still holding
that position and expecting further drops in Gold.
If you look at the daily chart, you will notice that the highlighted zone has
become a strong resistance for the Gold bulls. So, if this zone continues
to hold, expect 1920 in Gold in the coming days.
Comment:
Sell from 2001 is now in 310 pips profit