During the past few months gold has been driving me crazy with constant movements up and down in this 100 bucks range from 1720 to 1830.
Long term I am selling gold but in the short term looks very uncertain to me.
The last daily candle shows an important rejection from the top coinciding with the POC area at 1780 so we could expect a downtrend continuation.
Fundamentals are all mixed up at the moment and that's why price is moving crazy in the said range.
Cheers.
Long term I am selling gold but in the short term looks very uncertain to me.
The last daily candle shows an important rejection from the top coinciding with the POC area at 1780 so we could expect a downtrend continuation.
Fundamentals are all mixed up at the moment and that's why price is moving crazy in the said range.
Cheers.