Instrument: GOLD
Previous Close 1789
Change -0.13 %
Current 1786
Support & Resistances
1783 1800
1774 1808
1760 1822
Trend & Condition
Downwards
Weak
Comments
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1783 support level. Only the upward break of 1800 would cancel the bearish scenario and take us LONG.
Position & Trade Probability
Position : SELL
Entry : 1783
SL : 1800
Trade P. : High
TP1 : 1774
TP2 : 1760
Tags
signal forex