We prefer to stay long with Stop Losses.... tomorrow is Buy Market prefered.
Comment:
Pair is trading in our sell zone...
What does it represents?
1- Bears are in control
2- Lack of Buyers
3- No significant support till end of Sell Zone (red box)
4- Inflows in Gold trading
5- Equilibrium is not observed in any previous periods to support price
6- Fear/ Risk concerns rises in Stock Markets as Israel Palaestine conflict continues
7- Lower Lows with lower Highs (new trend indication)
We recommend for Short Sell ....
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What does it represents?
1- Bears are in control
2- Lack of Buyers
3- No significant support till end of Sell Zone (red box)
4- Inflows in Gold trading
5- Equilibrium is not observed in any previous periods to support price
6- Fear/ Risk concerns rises in Stock Markets as Israel Palaestine conflict continues
7- Lower Lows with lower Highs (new trend indication)
We recommend for Short Sell ....