GOLD Will Fall! Short!

4 thg 1

Please, check our technical outlook for GOLD.

Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is approaching a key horizontal level 2045.792.

Considering the today's price action, probabilities will be high to see a movement to 2030.377.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

Like and subscribe and comment my ideas if you enjoy them!

9 thg 1

Đóng lệnh: đạt mục tiêu

That was an excellent trade and the target was reached too!