haider_aabbas

GOLD continuation sell off

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD bullish momentum seems to be exhausted after making All Time High. As It has broken its ascending trendline and support area at 2300-2320, It looks like GOLD will continue its correction towards 2200-2230 zones. In long term outlook, GOLD is still bullish while in short term outlook, We can look for selling opportunities till fib 0.5 retracement.

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