Gold has fallen quite a bit since it reached it's highest peak of the year at 1346-1347$ in February. However, the bearish market took over and has pushed it down to it's 3x tested support trendline around 1267-1268$. Now is looking like a good time to buy in as Gold should bounce off the trendline into either it's previous swap level (support turn into resistance) or the resistance CTL from this year's high.
Trade Details :
SL : 1262
TP 1 : 1275
TP 2 : 1285
Trade Details :
SL : 1262
TP 1 : 1275
TP 2 : 1285
Trade active
TP 1 hitTrade closed: target reached
TP 2 just got smashed!
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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.
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.