Hello traders,
Without doubt, gold is still very weak.
On Tuesday, gold make some fluctuation when retails data released and broke 1900 for once.
Now it is staying above 1900 in the Asia morning.
I think it is not safe to open a selling position right now just few dollars above 1900. To break 1900, gold need great momentum from data or later sessions.
Better with a fake breakingout candlesticks to confirm sellers strong will to break the level. Otherwise, gold could make sideways price action in the coming sessions.
GOOD LUCK ON LOOKING FOR SEELING POSITION.
LESS IS MORE!