Instrument: GOLD
Previous Close 1737
Change 0.03 %
Current 1732
52 Week High 2003
52 Week Low 1706
30 Days ATR 22
40 Weeks ATR 38
Support & Resistances
1720 1745
1706 1754
1680 1765
Trend & Condition
Downwards
Strong
Comments
A Medium probability, entry signal to go SHORT
was given at 1730 after the market found resistance at 1745. Only the upward break of 1745 would cancel the bearish scenario and take us LONG.
Position & Trade Probability
Position : SHORT
Entry : 1730
SL : 1745
Trade P. : Medium
TP1 : 1706
TP2 : 1680
Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of investment research.
Tags
signal forex