Good morning Traders,

Gold has also reached our bullish TARGET, having said that, we expect a consolidation before seeing a bearish leg, and the area around 1,269/1,273 should be a valid resistance where gold could trigger a HEAD AND SHOULDERS . If our analysis is correct, we can try to take short position on technical rebound (right shoulder) with stop above the new TOP or something like that….

                           Would you like to receive our other setups/analyzes for free?

                                                                                …Support us with your “Like” on TradingView, click here!

  • Money Management:
    – in our trading room
  • Assets & Risk Management:
    Multi Assets Strategies allows you to manage and limit the Risk Factor and Trading Portfolio Allocation allows you to hedge losses and optimize your profits.
  • Stay in Touch with your Trading:
    If you want to receive all the Real Time updates about this Trade, register for free now!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

How can we help you?

Our Help Desk will support you 24h/24h:

Looking for a First-Class Business Plan Consultant?