Gold bearish (LIVE FOREX EDUCATION ACADEMY)

As you can see in the chart gold has crossed Fibonacci level 61.8% crossing all the hurdle and now heading to 78.6% of Fibonacci. As the gold is in between 61.8% and 78.6% which suggests and major resistance located at 1758. In this scenario, we can predict gold will catch downtrend.
Further, Gold is approaching its uptrend resistance, which is indication of downtrend.
Further, in its uptrend gold is in middle so this scenario generate dangerous position which suggest gold can reach up to 1777-1782 before taking a big dip.
IF FOMC increase the interest rate then the gold will take a big dip (99% is possible today)
Our academy points of views for today gold move

Sell Gold 1847-1858
TP1 1840
TP2 1832
TP3 1822
TP4 1802
TP5 1782


SL @ 1882

TRADE AT YOU OWN RISK

Handel aktiv:

SELL TP1 +70 PIPS ✅✅🎯✅✅ DONE SUCCESSFULLY

Kommentera:

SELL TP2 +150 PIPS ✅✅🎯✅✅ DONE SUCCESSFULLY

Handel aktiv:

SELL TP3 +250 PIPS ✅✅🎯✅✅ DONE SUCCESSFULLY

Handel aktiv:

SELL TP4 +450 PIPS PROFIT ✅✅🎯✅✅ DONE SUCCESSFULLY

Handel aktiv:

WAITING FOR LAST TP5@1782

Handel aktiv:

SELL TP5 +650 PIPS PROFIT ✅✅🎯✅✅ DONE SUCCESSFULLY

Trade stängt: målet nått:

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