Recently, Gold has been trading sideways at the price of $1,318.90. Anyway, according to the 30M time – frame, I have found a successful bearish breakout of the 10h balance, which is a strong sign that sellers are in control. Since Gold ash been already trading in the downward trend, my advice is to watch for potential selling opportunities. The downward targets are set at the price of $11,313.15 and at the price of $1,308.10.
Trading recommendations for today: watch for potential selling opportunities.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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