SevenForex

Gold Looking for Sell

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OANDA:XAUUSD   黃金現貨 / 美元
By re-examining gold, we see that the price has experienced a drop of more than 200 pips since this morning by entering the next liquidity pool, that is above $1984 and collecting the necessary liquidity and it faced heavy selling pressure! So the entry point that I announced for the SELL position was one of the best points for triggering SELL! Now we have to see if the price will stabilize below $1969 to $1972 by tomorrow night or not ! If it stabilizes, I will give the possibility of a further drop of the price, and if not, we will have to wait for a target above $2000 soon ! This analysis will be updated!
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