Gold Intraday Technical Analysis:
The yellow metal is in a downward spree for the past couple of day as per fears of recession in the US markets. I only buy in such market conditions. My idea is to accumulate in small lots on daily supports. Next buying level is 1780. After which I will be looking for 1767. And then 1753 and after that 1726. I am managing my account so that I can take entries on all these levels.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
The yellow metal is in a downward spree for the past couple of day as per fears of recession in the US markets. I only buy in such market conditions. My idea is to accumulate in small lots on daily supports. Next buying level is 1780. After which I will be looking for 1767. And then 1753 and after that 1726. I am managing my account so that I can take entries on all these levels.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
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.