GOLD IS BACK AND FORTH

22 באוק׳ 2021

After a sharp rise and then hit by powell sentiment that will start a tapering decision in November, gold reacted very sensitively finally returned to its opening position on Friday but 1780 was tough enough to break. my opinion next week remains bullish for gold, there are two scenarios, to sell let gold rise to test the resistance at 1808 or buy if it doesn't break the prev support at 1750. but even though my opinion is bullish then I take a short position first because the market usually reacts after news 2 day