Sell into the previous support on Gold.

14 сент. 2022 г.

Gold - Intraday - We look to Sell at 1713.15 (stop at 1726.30)

Following yesterday's bearish candle, the overall trend lower looks set to continue today.
The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
Resistance is located at 1713.50 and should cap gains to this area.
Resistance could prove difficult to breakdown.
Preferred trade is to sell into rallies.

Our profit targets will be 1679.91 and 1670.00

Resistance: 1713.50 / 1760.00 / 1800.00
Support: 1680.00 / 1600.00 / 1350.00

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