Overall it's a descending trend. According to the Stoch RSI, It will continuously fall. So, intraday traders can sell GOLD now nearby dynamic resistance (DR) trendline for the target of 50000 - 49600.
If gold will breakout the DR, don't selloff.
At present, we have chances to see the following levels before this weekend: 50560-50700.
Please keep your eyes on the Stoch RSI and moving average.
If gold will breakout the DR, don't selloff.
At present, we have chances to see the following levels before this weekend: 50560-50700.
Please keep your eyes on the Stoch RSI and moving average.