Technical Analysis on Gold [17-06-2021]

in #forex • 3 years ago

I am sharing my technical analysis on Gold so that you can take your decision on Gold trades. It has broken the 1850 level after the FED rate decision and downtrend is officially started.

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Upside Scenario

I m not expecting for buy positions and will be looking to sell only on the retracements.

Downward Scenario

As we have a clean break of 1850 level, so I will be looking for sell entries on retracements. It is very open to go for next level of 1700.

I will be sharing technical analysis of forex and crypto assets in the coming days. These technical analysis are for educational purposes only and should not be considered a financial advice.

#gold #technical #analysis #steemit
3 years ago in #forex by
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