XAU strong bid to clear 2080.00 all time high is still intact, however 2060.00 level is a formidable level that may initiate short time bearish pressure or reversals, bears failure to takeover from this level will definitely send price above 2080.00 level.
SUGESTION
swingers should wait for price to pull down around 1983.88 level, then take a long position targeting 2060.00 as profit target 1 and 2080.00 as profit target 2
SUGESTION
swingers should wait for price to pull down around 1983.88 level, then take a long position targeting 2060.00 as profit target 1 and 2080.00 as profit target 2
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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.