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ForexTrendline
Sep 17, 2020 5:40 AM

Sell gold again! Short

GOLD / U.S. DOLLARICE

Description

Since the gold went over $ 2,000, it has been rumored that its price will continue to rise and reach much higher values. We know from our experience that this will happen, but before that the price falls to refuse some of the participants who are more impatient.

We already had one sale from which we won, now we have entered sales again.

Then of course the price will go up, but we will buy from lower levels :)

We expect gold to go down several times this month. Now, after the decision on the interest rate, we believe that the time has come.

We have a break of the H1 trendline and M30, and before that we see that the price fails to make higher peaks.

We expect the gold to go back to $1920, and in case of a break we will see values below $1900!
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