Gold Spot / U.S. Dollar
Long
Updated

12/26 GOLD Analysis

152
Merry Christmas Guys! Hope you guys have a wonderful day. I slightly make some change for the levels, and here are some important levels that I am watching:
2584 - 2608 - 2622 - 2633 - 2652 - 2664.

Todays gameplan XAUUSD:
If the gold price holds above 2622, I would consider a BUY. Set the Stop Loss at 2615 and aim for the First Take Profit target at 2629, with the Second Take Profit target at 2633.

If the gold price breaks below 2608, I would consider a SELL. Set the Stop Loss at 2615 and aim for the First Take Profit target at 2600, with the Second Take Profit target at 2595.
Trade closed: target reached
2629 target has been reached.
Note
Not advisable to trade for now

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.