GOLD/USD TO SELL OR TO BUY, THAT IS WHAT MATTERS.

30 thg 6, 2023

Gold USD chart seems to go on its bearish trend since it reached its peak level 2081. The falling trend is so strong that it broke out the bullish rising parallel channel ans tested 1894 level by breaking 1915 support level. If price can’t hold above 1915 level we might see 1880-85 level. If it holds above 1915 level then we will wait for a break in falling trend around 1923-25 levels (it will go down each day) and after that level we might expect the price to test rising channel lower band resistance level around 1937-40. We should not folllow the prices whether they go up or down, we should interpret those actions as what would we do whether the price goes up or down. Market has two ways. We should not sail against the wind, we should sail with the wind.