My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 3339.9 pivot level.
Bias – Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal – 3323.8
Recommended Stop Loss – 3347.3
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation’s Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK