Gold Spot / U.S. Dollar
Long
Updated

Potential short-term Buy | GOLD

286
GOLD took the SSL and react on a demand zone given a bullish engulf pattern hence expecting a possible bullish move bellow 1937.48 for liquidity grab at 1947.06 in to the supply zone, note that the supply might give a bit of retracement
Trade active
snapshot

if trendline break as in red arrow expect a rise
Trade closed: stop reached
NO trendline break

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.