GOLD waiting for the next move..Most probably going down
If the charts break the upper resistance , retest and go above the green line, then will go to the moon.
If the chart does pullback and goes down below the red line, then will fall to the black moon :)
Considering the probability of going higher than this point is low, hence, max target would be 2080 USD, and if it hits 2080 anyways it will go down from there.
My position is short until the end of the year. Good Luck!
If the chart does pullback and goes down below the red line, then will fall to the black moon :)
Considering the probability of going higher than this point is low, hence, max target would be 2080 USD, and if it hits 2080 anyways it will go down from there.
My position is short until the end of the year. Good Luck!
Comment:
Already 70 pips profit. If you want you can close the position. I will keep until 1800 price level