Instrument: GOLD
Previous Close 1905
Change 0.41 %
Current 1899
Trend & Condition
Downwards Strong
Support & Resistances
1891 1911
1881 1924
1863 1940
Comments
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1891 support level. Only the upward break of 1911 would cancel the bearish scenario.
Position Entry
SELL : 1891
SL : 1911
Medium
TP1 : 1881
TP2 : 1863
Tags
signal forex