Gold had a tremendous rise from 1780s to 1860s last week, marking a second straight bullish week.
However price has had trouble breaking convincingly above 1863 level, with a strong bearish confirmation formed. Expecting retracement entry for shorts at 1762-1766 level with stops above the recent high.
However price has had trouble breaking convincingly above 1863 level, with a strong bearish confirmation formed. Expecting retracement entry for shorts at 1762-1766 level with stops above the recent high.
Trade closed: target reached
400 PIPS target hit
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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.