š¬ New trend of GOLD
Ellie wants to send you some small analysis, hope you will like it. Thanks for reading ā„
If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold cannot surpass the 2,000 - 02 range, then we will sell earlier with a target price of 5 - 7.
The price is 1,991.30
Please trade carefully, don't turn it into a game but turn it into an investment opportunity ā„ā„ā„
If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold cannot surpass the 2,000 - 02 range, then we will sell earlier with a target price of 5 - 7.
The price is 1,991.30
Please trade carefully, don't turn it into a game but turn it into an investment opportunity ā„ā„ā„
Trade active
Gold builds on the overnight bounce from the $1,966-1,965 area and gains strong positive traction during the Asian session on Tuesday. XAU/USD price catches fresh bids on Tuesday as dovish Fed expectations continue to weigh on the USD.
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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.