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SUNRAY11

Gold Overbought- Signs of Exhaustion

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SUNRAY11 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
2
2
trendanalysis chartpattern indicator
Gold has been overbought (daily) over the past few days and is starting to show signs of exhaustion.

The pullback is expected towards $1950 and a possible retest of 200 day MA- $1930

Middle East War/ Geopolitical Uncertainty Priced In

Tight SL- Healthy TP

Trade closed: target reached
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