Mihai_Iacob

Gold- 1725-1730 zone is the line in the sand

Short
OANDA:XAUUSD   Oro / Dollaro
Yesterday, after a new visit at support, under 1700, Gold has recovered losses and finished the day well into the green.
However, the trend remains bearish both in the short and medium term with a clear strong confluence resistance above 1720.
I will remain bearish as long as this level is intact and expect a new dive under 1700.
On the other hand, a fail from the bears to defend this zone would signal 1690 as a bottom for the time being.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.