ProTradingPoint

XAUUSD - GOLD Next Target 1717 Alert

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Since I have shared all about GOLD. It's main trend is down and still moving down, so you have to just follow a simple logic that price will go up and fall back, just see candlestick where it's forming a strong signal towards down just pull your trade.

Still there is no such mark of uptrend in news or anywhere. I think it will take inverse in next month or November as per FED action.

Here there are 2 possibility, it can move to resistance 1752 then reverse or just hit bottom trend line and come back. Trade wisely!

So let's make it possible and take gold to 1700 and still below. Good luck

If you like our idea follow our page and other social media.

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.