GOLD Under Pressure! SELL!

2 ביולי 2023

My dear friends,
I analysed this chart on GOLD, and concluded the following:
The asset is approaching an important pivot point 1919.47
Bias - Bearish

Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1907.64

About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK