1680 is support area lets see if it will hold.
But before the interest rate decision the markets wants to sell gold.
But before the interest rate decision the markets wants to sell gold.
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Disliked1680 is support area lets see if it will hold. But before the interest rate decision the markets wants to sell gold.Ignored
DislikedLuckily I closed my long position at BE and put Buy limit @1669 and it got trigger so now wait and see what happen. I will hold all my position. Closed one short position with profit but now I am worried that I have to hold my positions for longer time and I can only play with short positions. 1684-1672 As I mentioned before about H4 candle on Aug 2021 that low of that candle was 1669 so I will wait for H4 candle to close below this price and then will add more short positions.Ignored
Disliked{quote} 1664 is the support now.. it is break then there is a chance to see 1570.... and that's so scaryIgnored
Disliked{quote} In current scenario selling rallies caused by some news items or technical reasons, is a good idea. With hawkish fed and supporting cpi numbers, odds are more in favour of a big drop from here on, which may happen anytime.Ignored
Disliked{quote} You got the chance to close it. But it looks like it found support above 1660 for today.Ignored
DislikedDon't forget, gold is a hedge against inflation How is that working this time around? {image}Ignored
Dislikedsold from 1659 before the news, stop loss above 1680, target is the lows of 1600 could be a good or bad decision, I flipped a coinIgnored