Is it a time to short the GOLD?
Hey traders! Hope you are doing well!
So it is a high time for me to start looking for short GOLD. On the previous posts I mentioned a big correction to 1900 from my daily support region and now finally we are there. The main focus for now - the 4H timeframe and we need to see how the price will close. If we will get the engulfing candle from that region - my first target will be 1868, and if the price will brake that level - the second support will be 1825-1830 region. Let's see how this will play out!
So it is a high time for me to start looking for short GOLD. On the previous posts I mentioned a big correction to 1900 from my daily support region and now finally we are there. The main focus for now - the 4H timeframe and we need to see how the price will close. If we will get the engulfing candle from that region - my first target will be 1868, and if the price will brake that level - the second support will be 1825-1830 region. Let's see how this will play out!
