GOLD
Gold price is seen consolidating its recent downfall to over a three-month low. A hawkish outlook by major central banks acts as a headwind for the commodity. The US Dollar preserves the overnight recovery gains and contributes to cap. The 4-hour chart reflects sellers' strength. Technical indicators present firmly bearish slopes near oversold readings, anticipating a near-term bearish extension. At the same time, GOLD stands well below a bearish 20 SMA, which accelerated its slide below the longer ones.
I predict gold will continue to fall and then to the 1903-1908 price range gold will bounce back, and we will have a buy
GOLD
entry point at this price range, my expectation when gold rises is around 1925 Stop loss zone around 50pip for each signal you trade. Together we will win the market. Try your best!
Trade active:
everything goes according to my plan, I'm happy about it
Trade closed: target reached:
everything goes right i hope everyone make a lot of money
