Yesterday was a pretty good day for Gold bulls, with the yellow metal fulfilling my prediction and almost touched 1900 (also making a good profit on the way), so we may wonder "no what?". In my opinion, after such a bull run, a correction is necessary and with 1900 being both technical (horizontal level) and psychological level, I expect this zone to attract a lot of selling pressure, either is closing long positions and booking profit or short term traders that try to catch 250-300 pips on the downside. That being said, I will try to sell rallies in that zone and the price could fall to retest at least 1875 now support
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.