Gold internations is at the support...might break down
Gold international is at the support area and looks weaker.
If broken we can see it hitting 1935 and 1894 at the best case scenario.
Dollar index is strengthening on daily chart and Market are moving to positive side.
This will make Gold weaker and get the fall we are expecting.
If Gold breaches 1964 on daily TF then the fall is negated.
Inset Gold on weekly TF and it is at a critical level. Can make or break now.
Stay safe and Trade safe.
Note: The above information is just an idea and not a trade recommendation. Consult your financial advisor before taking any trade or trade at your own risk.
If broken we can see it hitting 1935 and 1894 at the best case scenario.
Dollar index is strengthening on daily chart and Market are moving to positive side.
This will make Gold weaker and get the fall we are expecting.
If Gold breaches 1964 on daily TF then the fall is negated.
Inset Gold on weekly TF and it is at a critical level. Can make or break now.
Stay safe and Trade safe.
Note: The above information is just an idea and not a trade recommendation. Consult your financial advisor before taking any trade or trade at your own risk.
Comment:
1935 target reached...
Trade closed: target reached
