SupperTrading-FX

GOLD 26/05: Sell ​​entry ends a volatile week!

Short
SupperTrading-FX Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD Gold prices attracted some buyers in the vicinity of the 100-day Simple Moving Average (SMA) and produced a modest recovery from the 1935-1934$ area or two-month lows touched the previous day. . GOLD bounced back above 1,950-1953$ during the early European session and now, seems to have cut a two-day losing streak.

From a technical perspective, any further upside move is likely to face stiff resistance near the strong horizontal support at 1960-1965$. A sustained strength beyond that could trigger a short-term offsetting rally and lift Gold to the psychological $2,000 mark. However, a further move could still be seen as a selling opportunity and remain capped near the 2,005-2,010$ supply zone.

Comment:
SEll GOLD + 90pips✅✅
Comment:
Everything is still going according to the strategy
Congrats to those who follow ✅✅
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.