Gold recovered near 0.5 fib from June high, besides of daily chart, all lower charts RSI now are near oversold. I expect the price to start falling slightly for a simple correction before another rally.
The SL is slightly above daily MA, and TP target at near 1805.
The SL is slightly above daily MA, and TP target at near 1805.
Commento:
I meant overbought :D srry and thx for pointing out
Commento:
TP. It's Friday, It may go down further, but let's play safe. GL