looking at the current movement, Gold is technically a Buy. However, we can see a reversal pattern forming which is already giving us a short sell.
A retracement above 1600.60 is a clear buy.
I expect every trader to be cautious with this pair as it is currently in no man's land. President Trump is expected to deliver a speech today and we expect him to talk largely about his country's relationship with Iran. So fundamentals are also supporting a Buy but we will see.
A retracement above 1600.60 is a clear buy.
I expect every trader to be cautious with this pair as it is currently in no man's land. President Trump is expected to deliver a speech today and we expect him to talk largely about his country's relationship with Iran. So fundamentals are also supporting a Buy but we will see.