Mihai_Iacob

Gold- Almost hit 1900, now what?

OANDA:XAUUSD   골드 스팟 / 미국 달러
Yesterday was a pretty good day for Gold bulls, with the yellow metal fulfilling my prediction and almost touched 1900 (also making a good profit on the way), so we may wonder "no what?".
In my opinion, after such a bull run, a correction is necessary and with 1900 being both technical (horizontal level) and psychological level, I expect this zone to attract a lot of selling pressure, either is closing long positions and booking profit or short term traders that try to catch 250-300 pips on the downside.
That being said, I will try to sell rallies in that zone and the price could fall to retest at least 1875 now support

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.