The position of Gold is currently below the Weekly and 1 hour Supply Zone, and the projections will start to decline.
Trade active
Target profit at the price of 1689-1690, using the Fibonacci Extension tool at the ratio of 1.618.
Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.
Trade closed: stop reached
Got a Stop Loss.
Related publications
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.
Related publications
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.