As I said on my previous Ideas, Gold is now making its way to the top CPR zone @1940-1945 area. Gold broke the Daily highs with yesterday's candle and now with a retracement we can expect a move to the Top Virgin CPR zone that is yet to be mitigated.
Also Note that there is a Weekly Virgin CPR zone at price level @1960, but for now let's focus on this current Virgin CPR. And I expect a Bullish weekly and daily candle closure.
Please share your thoughts as comments below.
Thank you..!! :)
Also Note that there is a Weekly Virgin CPR zone at price level @1960, but for now let's focus on this current Virgin CPR. And I expect a Bullish weekly and daily candle closure.
Please share your thoughts as comments below.
Thank you..!! :)
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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.