Long
rising higher
Gold has continued its rally from the drop to 1801 which I was late to catch. I believe it will continue to rise from the Asia session and highly possibly to go higher above 1830 (obviously not within one jump)
RSI on all time frames are extremely healthy above 50 with good room to support higher rise, there are couple of resistance levels which I have marked out on the chart that can be considered as partial TP points.
SL: below 1811, ideally below 1809 which is below the daily 20MA (1809.92)
TP: historical resistance based, target 1829 - 1831.
GL
RSI on all time frames are extremely healthy above 50 with good room to support higher rise, there are couple of resistance levels which I have marked out on the chart that can be considered as partial TP points.
SL: below 1811, ideally below 1809 which is below the daily 20MA (1809.92)
TP: historical resistance based, target 1829 - 1831.
GL
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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.