Hi fellas,
FED Chair Powell Testimony is scheduled at 10:00 AM. If the Bullish trend is to continue, there seems two be two major possibilities:
Entry: 1832.5
SL: 1822.5
TP: 1862.5
If both of this doesn't happen, The Bullish trend of Gold that started on 28th Feb, is likely to convert into a Bearish reversal.
Plan your moves accordingly, All the Best!
~ Usama
FED Chair Powell Testimony is scheduled at 10:00 AM. If the Bullish trend is to continue, there seems two be two major possibilities:
- Gold retraces from 0.382 Fib level (near it or around it)
- Gold retraces from 0.5 Fib level (near it or around it)
Entry: 1832.5
SL: 1822.5
TP: 1862.5
If both of this doesn't happen, The Bullish trend of Gold that started on 28th Feb, is likely to convert into a Bearish reversal.
Plan your moves accordingly, All the Best!
~ Usama
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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.