Gold Spot / U.S. DollarUpdated GOLD:downtrend
Today is the same as yesterday’s prediction. Buying below 1820 is still a good strategy.
So gold is now choosing a direction. Now the daily line has two supports, so you can still buy below 1820. Because it is a downward trend, I recommend buying in small quantities.
The resistance above is still at 1830-1840. If it cannot rise, it will still be in a downward trend. When it reaches this range, it is still necessary to reduce positions to ensure a certain profit.
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Note
follow meNote
Same as I predictedNote
Gold is also currently gaining short-term support around 1920.Note
If you buy below 1920, you should be profitable by now
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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.