Here are some important levels that I am watching:
2584 - 2608 - 2622 - 2633 - 2652 - 2664.
Todays gameplan
XAUUSD
If the gold price holds above 2634, I would consider a BUY. Set the Stop Loss at 2626 and aim for the First Take Profit target at 2642, with the Second Take Profit target at 2652.
If the gold price cannot hold above 2634, I would consider a SELL. Set the Stop Loss at 2638 and aim for the First Take Profit target at 2621, with the Second Take Profit target at 2608.
TIPS: It is always wise to trim some positions and protect your portfolio if you see a $1 movement in the GOLD Price. Never let the GREEN profits turn RED!
2584 - 2608 - 2622 - 2633 - 2652 - 2664.
Todays gameplan
XAUUSD If the gold price holds above 2634, I would consider a BUY. Set the Stop Loss at 2626 and aim for the First Take Profit target at 2642, with the Second Take Profit target at 2652.
If the gold price cannot hold above 2634, I would consider a SELL. Set the Stop Loss at 2638 and aim for the First Take Profit target at 2621, with the Second Take Profit target at 2608.
TIPS: It is always wise to trim some positions and protect your portfolio if you see a $1 movement in the GOLD Price. Never let the GREEN profits turn RED!
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.