As we observed, yesterday closed with a bearish candle, and 2698 appears to be a very strong resistance level. Here’s my trading idea for today:
Potential Trade Opportunity:
You can look for a SELL opportunity near 2675, setting the Stop Loss at 2676. The First Take Profit target would be 2668, and the Second Take Profit target would be 2663.
Disclaimer: This is solely my personal opinion and should not be considered financial advice.
- If the gold price fails to break and hold ABOVE 2675, I would consider a SELL.
- If the gold price fails to break and hold BELOW 2667, I would consider a BUY.
Potential Trade Opportunity:
You can look for a SELL opportunity near 2675, setting the Stop Loss at 2676. The First Take Profit target would be 2668, and the Second Take Profit target would be 2663.
Disclaimer: This is solely my personal opinion and should not be considered financial advice.
Trade active
Here we go, we are very close to the first target, feel free to take some profit here!Trade closed: target reached
First target reachedNote
The lowest price was reached 2665
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.