Gold- Bearish outlook unchanged

15 мар. 2021 г.

Last week, Gold recovered strongly, rising around 700 pips from bottom to the top.
The medium-term trend is still down though and will remain so as long as the yellow metal is under 1765
At this point 1740 zone offers resistance and, in my opinion, rallies towards this zone should be sold
The target for sellers can be put under 1700