A swift evaluation is conducted based on a single day without look back.
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 29.03 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1697.27 - 1733.15.
Prices are consolidating between 1658.10 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1724.95.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1671.66
The trend moving average: 1694.59
SAR: 1676.16
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 29.03 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1697.27 - 1733.15.
Prices are consolidating between 1658.10 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1724.95.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1671.66
The trend moving average: 1694.59
SAR: 1676.16
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.