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Wednesday, February 17, 2021

Possible break to $1860 if $1780 breaks...

Possible break to $1860 if $1780 breaks...

Gold OANDA:XAUUSD

Possible break to $1860 if $1780 breaks...

I am cuurently observing the $1785-$1790 level. Breaking here should put more pressure on the price to decline. Support here and we could go back up to test the 1800-1808 level.

Im not in any positions at the moment. I've emphasised on remaining short in this market unless momentum suggests otherwise, yesterday was another reason why we're not longing yet. Our potential overall target of 1780 is getting closer. Let's see if we get a breakout to the downside.



from Trading Ideas https://ift.tt/2N63R1j
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