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Trading Signal GOLD- 17 / 08 / 2022 - 16:00 (GMT +3)


Instrument: GOLD

Previous Close 1775

Change -0.23 %

Current 1770


Support & Resistances

1765 1783

1752 1787

1740 1802


Trend & Condition

Downwards
Strong


Comments

The TP1 was almost reached and the market is at
risk of correcting higher cautioning us to move the stop loss lower(1783). Provided the market
conditions will remain the same the TP1 will be
reached soon.

Position & Trade Probability

Position : SHORT                   
Entry :  1777 
SL :  1783

Trade P. :  Medium Low          
TP1 : 1765
TP2 : 1752

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.
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