Hello traders,
Here’s a quick update on the gold market. Since yesterday, gold has been ranging between 3015 and 3030. Based on our analysis of smaller timeframes, if the market breaks the 3035 level, our next target for a buy position will be 3045, which is a minor resistance level. After that, we may see 3050 and possibly a new all-time high.
Scenario 2: If the market breaks below the 3015 level, we can consider selling. Our first target for the sell trade will be 3005, and if the price drops below 3000, we could see it move towards 2985.
If gold remains within this range, scalping could be a good strategy to catch smaller profits.
Good luck, traders!
Here’s a quick update on the gold market. Since yesterday, gold has been ranging between 3015 and 3030. Based on our analysis of smaller timeframes, if the market breaks the 3035 level, our next target for a buy position will be 3045, which is a minor resistance level. After that, we may see 3050 and possibly a new all-time high.
Scenario 2: If the market breaks below the 3015 level, we can consider selling. Our first target for the sell trade will be 3005, and if the price drops below 3000, we could see it move towards 2985.
If gold remains within this range, scalping could be a good strategy to catch smaller profits.
Good luck, traders!
Trade closed: target reached
Congrats who followed my setup, market successfully broke the 3035 and went 3045 and touch the new All Time High as I predicted in my analysis. So this setup give us more than 200 pips which is really good. Once again congrats who made profit also show us support Thank you stay tuned for my ideas. 
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t.me/GoldenpipsFXtrader
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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.
Thank you for visiting us! Join us for more trading insights and signals.
t.me/GoldenpipsFXtrader
t.me/GoldenpipsFXtrader
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.