GOLD Bearish Continuation Expected

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

Gold market is still bearish. There are 2 zones for possible entries.

Positional entry might come between 1800-15 as the markets are still struggling to make a further retracement up. If the retracement doesn’t happen there should be a breakout point below the trendline and double bottom cross around 1775. The target is 1742. No bulls until the market breaks 1820.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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