Gold Trading Plan 20-SEP-2024
Hi,
Bullish is back, after he re-tested around 2545.
Can we imagine he broke 2590 and want to reach 2560 again?
If he could break 2595, we will find buying opportunity in lower timeframe.
Once the price drop the first support level is around 2575 which is around 50% Fib in this leg.
Note: If we zoom out to see big picture, he is creating his comfortable range likes last month.
Bullish is back, after he re-tested around 2545.
Can we imagine he broke 2590 and want to reach 2560 again?
If he could break 2595, we will find buying opportunity in lower timeframe.
Once the price drop the first support level is around 2575 which is around 50% Fib in this leg.
Note: If we zoom out to see big picture, he is creating his comfortable range likes last month.
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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.