GOLD on a strong Buy zone
Updated
if Gold takes out the sell zone as in the red arrow shows, expect a possible rise after a retracement with respect to the strong buy zone.
at this moment gold is in range between these two zones, looking at the candles it obvious seeing a bullish momentum candles, indicating a possibility that the sell zone will not hold.
seeing a momentum candle on a demand zone(buy zone) Gold should rise to 1948.85.
at this moment gold is in range between these two zones, looking at the candles it obvious seeing a bullish momentum candles, indicating a possibility that the sell zone will not hold.
seeing a momentum candle on a demand zone(buy zone) Gold should rise to 1948.85.
Trade closed: target reached
finally
Related publications
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.