gold signals and gold forecast from the best gold signals provider
Gold price outlook, gold trading signals today and selling opportunities under the bearish trend from the best gold signals provider
Gold Today and Trading Outlook
GOLD
sell @ 1231
tp @ 1217
sl @ 1238
Explanation of the gold trading signals to sell gold today
Prefer to sell gold on the market price as long as the price of gold below the level of 1238 as a stop loss level
And set thetake profit level at 1217 to automatically exit on a profit
Gold Technical Analysis and Gold Price Outlook
The trend of gold in the near term and the medium is very bearish and the bearish trend continues
The price of gold rose during the trading on Thursday and Friday, which represents a corrective correction
and opportunity to sell in the context of the bearish trend
The price of gold has formed the technical pattern known as the standard move from 1211 to 1235
The first and second waves are equal in length
Which marks the end of the corrective wave and is considered a sell signal
The RSI gave an early warning signal for the low price of gold on the hourly fram after the index fell from the 70% level, which is considered a bearish signal
The reflective candle pattern, known as the Bearish engulfing candle, appeared on the hour frame, which represents an opportunity to enter into the sale