GOLD Long @ 1290
Gold Short: 1306 (at point of Resistance Channel)
Take Profit: 1290-1285
Gold Long: 1290 (at Support trend line)
Stop Loss: 1285
Take Profit: 1319-26
RSI Downtrend breakout set to occur after piercing support trend line at 1290 @ RSI Lower band 32-30
Double Top affirms Demand lacks strength. Hence, take profit at Supply Zone - 1319-1326
Take Profit: 1290-1285
Gold Long: 1290 (at Support trend line)
Stop Loss: 1285
Take Profit: 1319-26
RSI Downtrend breakout set to occur after piercing support trend line at 1290 @ RSI Lower band 32-30
Double Top affirms Demand lacks strength. Hence, take profit at Supply Zone - 1319-1326
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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.