Gold continues to play with the channel support, is it a fake out or a break?
Should Gold come back into the channel, a bullish scenario is above. Where Gold comes back up to test 2678 which is the Weekly SMA target.
Once Gold hits 2650, it would be advised to turn the stop loss to break even
Should Gold come back into the channel, a bullish scenario is above. Where Gold comes back up to test 2678 which is the Weekly SMA target.
Once Gold hits 2650, it would be advised to turn the stop loss to break even
Trade active
So far so good
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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.