After a significant rally, it is reasonable for the gold price to experience a short-term pullback and adjustment. In the short term, the bullish trend of gold has not been reversed.
diverging upwards in a bullish manner, indicating that the bullish momentum of gold remains intact. Unless the moving averages start to turn downwards next week, the bullish momentum of gold may be affected.
The support level of the gold moving averages has now shifted up to around $2,968. Next week, one can continue to go long on gold at dips above $2,968. Continue to pay attention to the resistance near the high of around $3,005.
Suggestions for gold trading operations next week:
buy@2970-2975
SL:2963
TP:2998
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
diverging upwards in a bullish manner, indicating that the bullish momentum of gold remains intact. Unless the moving averages start to turn downwards next week, the bullish momentum of gold may be affected.
The support level of the gold moving averages has now shifted up to around $2,968. Next week, one can continue to go long on gold at dips above $2,968. Continue to pay attention to the resistance near the high of around $3,005.
Suggestions for gold trading operations next week:
buy@2970-2975
SL:2963
TP:2998
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
Change your life starting from entering my Telegram channel. Making profits will be as easy as breathing. Click the link to enter now!
t.me/+NO9R61oxqPs2Yjg8
t.me/+NO9R61oxqPs2Yjg8
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.
Change your life starting from entering my Telegram channel. Making profits will be as easy as breathing. Click the link to enter now!
t.me/+NO9R61oxqPs2Yjg8
t.me/+NO9R61oxqPs2Yjg8
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.