I am more skewed towards a further downtrend on gold as gold broke daily support (green line) on Thursday 23rd September, 2021, and rejected daily resistance (purple line) today Friday 24th September 2021
I have been holding my sell from 1833 and taken partial profits at various key support and letting the rest run. I'm gonna ride this to 1785 and keep pending order at 1678 with 50 pips stop loss for a buy.
It's been a very fruitful week
I have been holding my sell from 1833 and taken partial profits at various key support and letting the rest run. I'm gonna ride this to 1785 and keep pending order at 1678 with 50 pips stop loss for a buy.
It's been a very fruitful week
Note
The Journey to $1,680 area becoming clearer as we can all see. The uptrend line was broken yesterday and rejected again today. Would take some profit at 1717 area and wait again for price action for better entry
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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.