GOLD: STILL BERAISH TREND!
Hello everyone! Today i want to share some macro analysis with you!
1.
$Gold - main 2502(GCmain)$ Technical: Gold price is showing a flat bullish bias approaching the key resistance level at $2,640 Stochastic is showing clear overbought signals waiting to push the price down again, keeping the bearish trend active for the session, with the next major target at $2,555
It is important to note that a break above 2640. would stop the downtrend and allow the price to try to resume the major bullish trend once again.
The expected trading range for today is between support at 2615 and resistance at 2650.
Trend forecast: bearish! (Trade to keep the sell order trade as the main one)[Happy][Happy][Happy]
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