Gold near the key level of 4300-4310, look for a bearish move. Gold has been soaring recently, and ultimately, it will become exhausted. Let's first target a top wave, and today we watch for Black Friday.
Support levels at 4250, even around 4230. With such a strong rally in gold, caution is necessary. We do not support chasing highs or selling lows. Without further ado, look for a pullback below 4250.
Investment strategy: Short gold at 4290, stop loss at 4305, target 4245 Disclaimer: Investment involves risks; please trade cautiously.
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4290 Short Position
Gold near the key level of 4300-4310, look for a bearish move. Gold has been soaring recently, and ultimately, it will become exhausted. Let's first target a top wave, and today we watch for Black Friday.
Support levels at 4250, even around 4230. With such a strong rally in gold, caution is necessary. We do not support chasing highs or selling lows. Without further ado, look for a pullback below 4250.
Investment strategy: Short gold at 4290, stop loss at 4305, target 4245
Disclaimer: Investment involves risks; please trade cautiously.