Daily Gold Analysis Return Downtrend

Gold Signal Daily. Gold Technical Analysis Today. Gold price trend still shows a tendency to back down despite technically yearly trend has begun to show up.

Back analyzes of monthly and weekly TF.

monthly basis gold is still likely to rise because MA is still above its weekly monthly, but the price is currently playing below the monthly average.


In the weekly trend has formed a very strong down trend to continue because the daily MA was out of BB sd-1 MA leads weekly with a sharp tip down and the price was already playing in the area sd-2.

recommendation;

SELL: 1302.50

TP: 1297-1295

SL: 1307.50

Good luck