Gold Daily Analysis 31.08.22
Gold is near the lower boundary of its value zone. The 1720 level is double bottom and can help gold to make new highs. However we have a test for trend line at 1732. So we need to wait for confirmation to breakout above 1732 to go for longterm buy.
SELL 1732 SL 1738 TP 1722
BUY 1722 SL 1717 TP 1732
SELL 1732 SL 1738 TP 1722
BUY 1722 SL 1717 TP 1732
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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.