Current Kitco gold price: $1,959.4/oz. Experts diverge: possible dip (Cooper, Standard Chartered) vs $2,000/oz target (O'Connell, StoneX).
TECHNICALS:
Key supports: $1961 (H4 EMA 34), $1944 & $1940 (Daily EMA 89,100). Crucial: $1905 (Daily EMA 200), $1951 (H4).
STRATEGIES:
SELL around $1960-$1965 or $1985-$1990. SL: $1969 or $1994. TP1, TP2, TP3: $1950, $1945, $1940 or $1980, $1970, $1960.
BUY around $1947-$1952 or $1905-$1910 (DCA). SL: $1942 or $1897. TP1, TP2, TP3: $1960, $1965, $1970 or $1920, $1930, $1940.
CAPITAL MANAGEMENT: Limit orders to 1% of total capital, max 5% in 10 nearest prices. Always set a stop loss."
TECHNICALS:
Key supports: $1961 (H4 EMA 34), $1944 & $1940 (Daily EMA 89,100). Crucial: $1905 (Daily EMA 200), $1951 (H4).
STRATEGIES:
SELL around $1960-$1965 or $1985-$1990. SL: $1969 or $1994. TP1, TP2, TP3: $1950, $1945, $1940 or $1980, $1970, $1960.
BUY around $1947-$1952 or $1905-$1910 (DCA). SL: $1942 or $1897. TP1, TP2, TP3: $1960, $1965, $1970 or $1920, $1930, $1940.
CAPITAL MANAGEMENT: Limit orders to 1% of total capital, max 5% in 10 nearest prices. Always set a stop loss."
Note
Remember to update my post
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.