Gold will Target the new Low. (Daily)

7 sept 2022

Hi Everyone,

Gold fail to break the resistance yesteday and gold also break the support range. High Probability (75-80%) gold will aim for the Lower price and seems it will make a new Lower Range later around (1640 - 1730) or maybe if FED hike more than 75bps on 20-21 Sept 2022, it will make a lower range from 1600- 1680 to trade next month.

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Please using good money management.
dont take any emotional trade.

Note:
Dont risk more than 0.2% on trending market
Dont risk more than 1% on ranging market

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