Strifor || GOLD-Mid-term view
Preferred direction: SELL
Comment: Gold once again updated its maximum. It’s not surprising, everyone should have gotten used to this for nowadays. At the same time, our most likely sell-scenario, which we published in the previous trading idea for this metal, was activated. Here we talked about a likely fall at the level of 2400, which is where we are trading right now. There is a possibility of manipulation, that is, small movements just above 2400, but in general the idea to sell from this level is relevant. The target for a downward correction is considered at the level of 2300.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Gold once again updated its maximum. It’s not surprising, everyone should have gotten used to this for nowadays. At the same time, our most likely sell-scenario, which we published in the previous trading idea for this metal, was activated. Here we talked about a likely fall at the level of 2400, which is where we are trading right now. There is a possibility of manipulation, that is, small movements just above 2400, but in general the idea to sell from this level is relevant. The target for a downward correction is considered at the level of 2300.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
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