Oro / DollaroShort
Gold- Where to sell it?
Gold is continuing its correction and is trading at the time of writing just under 1880.
The medium-term trend should be defined now and is down, so I'm looking to sell
A good place for bears can be 1890-1895 zone and, considering the small symmetrical triangle we should go there.
On the other hand, a drop under the recent up trend line and under horizontal support that lies at 1870 would signal that this correction is over and a new test of 1850 support is probable.
The medium-term trend should be defined now and is down, so I'm looking to sell
A good place for bears can be 1890-1895 zone and, considering the small symmetrical triangle we should go there.
On the other hand, a drop under the recent up trend line and under horizontal support that lies at 1870 would signal that this correction is over and a new test of 1850 support is probable.
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