GOLD:
We're back from a short break over the festive period so will pick up where we left off with Gold using the original charts from last year.
Gold did well for us last year giving our students fantastic returns trading this precious metal. At the moment we can see there is an identifiable pattern on the chart where the top is around the 1820 mark. We would expect there to be a challenge on this price or close to this price in the coming days. The chart is bearish and our bias is further down but we would like to see how the price reacts at or around the given level before shorting this again.
Look for levels 1814 and 1820 for reaction on price.
Please do give us a like, comment and follow.
GreenGateFX
We're back from a short break over the festive period so will pick up where we left off with Gold using the original charts from last year.
Gold did well for us last year giving our students fantastic returns trading this precious metal. At the moment we can see there is an identifiable pattern on the chart where the top is around the 1820 mark. We would expect there to be a challenge on this price or close to this price in the coming days. The chart is bearish and our bias is further down but we would like to see how the price reacts at or around the given level before shorting this again.
Look for levels 1814 and 1820 for reaction on price.
Please do give us a like, comment and follow.
GreenGateFX
