Gold: Bouncing on Support
Potential bullish bounce pattern for Gold.
The buy zone is set where the two resistances cross ($1551).
Target levels are:
$1559
$1562
Stop:
$1548.7
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
The buy zone is set where the two resistances cross ($1551).
Target levels are:
$1559
$1562
Stop:
$1548.7
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
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