♦️ Gold deepens its loss ♦️
???? Returning to the previous technical analysis, in which we talked about the return of prices to touching the bearish channel at 1980.00.
♦️ Technical analysis On the intraday basis, with reference to the relative strength index, there is a decline to the level of 1963.00 until the end of the current day.
Therefore, failure to return to 2012.00 levels will push prices to return to the second descending channel that revolves between 1980.00 to 1955.
???? Even writing the daily analysis, there are no strong opportunities that support a rise to the highest levels of 2000.00
Stability of prices below 2000.00 levels in the short term currently enhances the chances of selling to our main target 1963.00, God willing.
The current price is 1987.00
♦️ The current situation supports making sales of the appropriate contract size.
♦️ We strive as much as possible to send daily trading signals and follow up directly.
Good morning everyone
your brother a. Abdullah Jabr
@alaraby01
