Hello Traders!
As gold has made its ATH 2830 which was also a trendline where gold respect that trend line and down now every thinking for retracement but gold will do a breakout till 2835 as gold done on previous trendline
gold can hit 2835 easily before drop to retracement level of 2794, so for now i am bullish till 2835 in that zone i will see a good entry for sell.
Support: 2802
Resistance:2830
Fib Golden Zone: 2794-2796
Liquidity Zone: 2794
Gold will continue its trend after retracement but we need a good entry for sell almost from 2835
As gold has made its ATH 2830 which was also a trendline where gold respect that trend line and down now every thinking for retracement but gold will do a breakout till 2835 as gold done on previous trendline
gold can hit 2835 easily before drop to retracement level of 2794, so for now i am bullish till 2835 in that zone i will see a good entry for sell.
Support: 2802
Resistance:2830
Fib Golden Zone: 2794-2796
Liquidity Zone: 2794
Gold will continue its trend after retracement but we need a good entry for sell almost from 2835
Trade active
As i told you retracement will happen after hitting 2835Note
Check Gold Reached 2835
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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.