Gold Bearish Move Continues

Gold Bearish Move Continues

Estimated Reading Time: 1 minute

Article Rating:

Based on 1 vote

Login to rate this article.

Orlando Gutierrez

Updated: 13 October 2022

Long Term View On Gold
Gold has broken with the previous lows at 1785 and is now retesting and rejecting them. Here is the short opportunity for a daytrade.

Daily view on Gold
The upside in Gold is capped by today´s Point Of Control (POC) and VWAP (Volume Weighted Average Price). These 2 instruments confluence with our retest level. The highest probability trade is to the downside.

We should target the area between today´s lows and yesterday´s lows for this daytrade.

Broker
Benefits
Min Deposit
Score
Visit Broker

8cap

Award-winning Cryptocurrency trading platform
$100 minimum deposit,
FCA & Cysec regulated

$100 Min Deposit

9.8

avatrade

20% welcome bonus of upto $10,000
Minimum deposit $100
Verify your account before the bonus is credited

$100 Min Deposit

9

long

Over 100 different financial products
Invest from as little as $10
Same-day withdrawal is possible

$250 Min Deposit

9.8

avatrade

The Lowest Trading Costs
50% Welcome Bonus
Award-winning 24 Hour Support

$50 Min Deposit

9

avatrade

Fund Moneta Markets account with a minimum of $250
Opt in using the form to claim your 50% deposit bonus

$250 Min Deposit

9

Learn to Trade

Never Miss A Trade Again

step 1

Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2

Get Alerts

Immediate alerts to your email and mobile phone.

step 3

Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!