The 200-period exponential moving average (EMA) at 1,950$ is acting as a barrier for Gold bulls. Horizontal resistance is drawn from the May 5 low around 2,000$.
The Relative Strength Index (RSI) (14) is hovering in a falling range of 20.00-40.00, which suggests that bearish momentum has been triggered.
I have faith in gold's slight bounce back to 1940$-1943$. We will have a sell
Stop loss at 70pip per trade signal, together we will win the market
עסקה פעילה:
everything goes according to my strategy