Gold Bulls Need To Hold 1750

Gold bulls need to hold the 1750 level. If the price breaks higher, we should see momentum up.

It’s a very hard time for bulls. Gold went strongly down and the price is congesting around 1755. We should see a move above if we want the price to be bullish. Watch 1770 as the final TP. If the price breaks below 1750 we could see 1742. This level might be also good for longs so watch out.

 

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.