Hi Traders!
According to Report of Gold chart Post-mortem you can clearly see some clues
like Previous strong bearish Trend, candles rejected 50EMA and Crossover of 20 & 50EMA.
which clearly shows market is in Bearish bias!
Important levels: Daily PP $1885 ( and Confirm)
Possible retest at $1894 Area.
Correction cluster Area (1899 to 1911).
Targets: $1874 and $1862
Note: Adjust your stop loss and Tp according to above levels. Recommendation on this plan will updated soon!
According to Report of Gold chart Post-mortem you can clearly see some clues
like Previous strong bearish Trend, candles rejected 50EMA and Crossover of 20 & 50EMA.
which clearly shows market is in Bearish bias!
Important levels: Daily PP $1885 ( and Confirm)
Possible retest at $1894 Area.
Correction cluster Area (1899 to 1911).
Targets: $1874 and $1862
Note: Adjust your stop loss and Tp according to above levels. Recommendation on this plan will updated soon!
