GOLD Next Move in Friday, 12th July 2024
Currently, GOLD (XAUUSD) is in a strong resistance zone. It has already moved up 77+ points without hitting a support area. We expect GOLD to drop to the 2379 support level.
Sell GOLD at 2417
Stop Loss at 2427
Take Profit at 2379
Currently, GOLD (XAUUSD) is in a strong resistance zone. It has already moved up 77+ points without hitting a support area. We expect GOLD to drop to the 2379 support level.
Sell GOLD at 2417
Stop Loss at 2427
Take Profit at 2379
Trade active
Still, time to activate your sell between 2417-2414Trade active
Once Gold breaks the 2412-2410 strong restriction zone it will definitely go to 2379.Trade active
GOLD has strong support between 2416 and 2412. It will likely float within this range until the Tokyo market opens. Once the Tokyo market opens, GOLD will start moving towards the support level.Trade closed manually
Close tradesTrade closed manually
Close trades with 250 pips
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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.
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.