GOLD Under Pressure! SELL!

17 באוג׳ 2023

My dear subscribers,
This is my opinion on the GOLD next move:
The market is trading on 1886.60 pivot level.
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Target - 1865.33
My Stop Loss - 1897.84

About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK