Traders were careful due to the US debt ceiling expiry and significant US data, causing the US Dollar to weaken = >As a result, Gold saw a rise.
Currently, the Gold Price is trading near its multi-day low within a short-term range.
The gold bear's re-entry is expected at the key support level of $1,943 while gold buyers can defend their position at around $1,938.
The expectation is that the yellow metal will remain sturdy due to the support level at $1,930.
XAUUSD
BUY 1932-1935
Stop Loss 1925
My own expected return is 1940-1945-1955
How about you?
NOTE: Always put TP, SL to keep your account safe and win the market!
Currently, the Gold Price is trading near its multi-day low within a short-term range.
The gold bear's re-entry is expected at the key support level of $1,943 while gold buyers can defend their position at around $1,938.
The expectation is that the yellow metal will remain sturdy due to the support level at $1,930.
XAUUSD BUY 1932-1935
Stop Loss 1925
My own expected return is 1940-1945-1955
How about you?
NOTE: Always put TP, SL to keep your account safe and win the market!
Note
gold buyers can defend their position at around $1,938 => Region 1938 is very well supported
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.
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.