Gold - within the bands
Gold is in consolidation , and the bias is to the upside ( 30 MAV> 50 MAV) . Consider a long trade from BB 2 SD low to high.
1. Enter - around $ 1890 ( lower BB 2SD)
2. Stop - around $ 1855 ( outside BB 3SD)
3. Target - around $ 2020 ( upper BB 2SD)
4. RR = 3
1. Enter - around $ 1890 ( lower BB 2SD)
2. Stop - around $ 1855 ( outside BB 3SD)
3. Target - around $ 2020 ( upper BB 2SD)
4. RR = 3
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.