Gold reached a high of 1998.00 after about 3 weeks of ranging between 1897.00 - 1945.00, and has retraced back down to that previous high of 1945.00.
I am now bullish on Gold and will be entering a buy at price 1955.00 with potential TPs of 1958.00 | 1961.00 | 1965.00.
If the price reaches about 1967.00 I will re-enter and TP at 1974.00.
- In Gold's current volatile market I find it safer to trade in smaller increments.
I have a resistance price of 1980.00 and a support price of 1937.00.
Trade safe and let me know what you think in the comments below.
I am now bullish on Gold and will be entering a buy at price 1955.00 with potential TPs of 1958.00 | 1961.00 | 1965.00.
If the price reaches about 1967.00 I will re-enter and TP at 1974.00.
- In Gold's current volatile market I find it safer to trade in smaller increments.
I have a resistance price of 1980.00 and a support price of 1937.00.
Trade safe and let me know what you think in the comments below.
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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.
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.