Good place to buy for scalping
1912 marks the .5 fib level on XAUUSD's most recent movement. With market sentiment generally bullish, I expect a rise in price. Markets are swaying a lot due to economic news, but as the NY session settles post-news, I predict a short-term rise in the commodities price and 1912 offers a good price to step in at.
Trade closed: target reached
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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.