GOLD is near a key all time high resistance zone. A potential Bearish reversal may occur if the price breaks the previous Higher Low.
Bears may eventually face a strong resistance zone around 2323 till 2266. Till then, opportunity may be seized.
Trade Plan
Entry @ 2430
Stop Loss @ 2490
TP1 @ 2370
TP2 @ 2310
No. of Trades: 2
Move SL to Break Even if TP1 hits.
Bears may eventually face a strong resistance zone around 2323 till 2266. Till then, opportunity may be seized.
Trade Plan
Entry @ 2430
Stop Loss @ 2490
TP1 @ 2370
TP2 @ 2310
No. of Trades: 2
Move SL to Break Even if TP1 hits.
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.