Gold Spot / U.S. Dollar
Long
Updated

Long Gold Bulls may take a nap, and dips would be likely to buy

340
Gold trading around 2862/2861

Expectedly gold bullish momentum paused around suggested level 2879 by making high of 2882.xx, it is assumed that bulls may take a dip around 2840/2828 witnessed that is my Sell Goal and from where upon rejection we may witnessed a bounce towards 2865/2882 once again and that my buy goals on dips.

Hence Short and long both possible on right levels like we suggested a sell around 2879 yesterday that worked perfectly well.

I am looking for you feedback and response on latest analysis and wish you good luck on your trading decisions.
Trade active
Simple waoooo suggested falling target 2840 - 2828 arrived, sellers should look to book profits and mange risk.

buying level is active too,
Trade closed: target reached
Bearish target 2840 - 2828 (low 2834) followed by 1st bullish target 2865 is done with high 2870 by now.

Close of manage risk
Note
Gold TP2 - 2882 is also achieved Congratulations

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