Here are the important levels that I am watching for:
2685 - 2678 - 2675 - 2669 - 2665
Opportunity:
We can see that there is stronger upward momentum, making it quite risky to SELL at this moment. However, I’d like to take a cautious approach with a light position:
Disclaimer: This is solely my personal opinion and not financial advice. Please conduct your own research and consult a professional financial advisor before making any trading decisions.
2685 - 2678 - 2675 - 2669 - 2665
- If the GOLD price cannot hold above 2685, I would consider SELL.
- If the GOLD price break under the 2669, I would consider BUY.
Opportunity:
We can see that there is stronger upward momentum, making it quite risky to SELL at this moment. However, I’d like to take a cautious approach with a light position:
- SELL if the price cannot hold above 2685.
- Set the Stop Loss at 2690.
- First Target: 2678.
- Second Target: 2675.
Disclaimer: This is solely my personal opinion and not financial advice. Please conduct your own research and consult a professional financial advisor before making any trading decisions.
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.
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.