View On XAU/USD (2 June 2019)
Gold has an astounding recovery on the late last week and it broke a strong support resistant region of $1,300., now it is using $1,285 as a very strong ULTIMATE support region.
Meanwhile, it can go $1,310~$1,314 easily and the next hard resistant will be $1,320 (Take profit there)
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Gold has an astounding recovery on the late last week and it broke a strong support resistant region of $1,300., now it is using $1,285 as a very strong ULTIMATE support region.
Meanwhile, it can go $1,310~$1,314 easily and the next hard resistant will be $1,320 (Take profit there)
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
The first expect Regions of $1,310-$1,312 hit.If you are in since last week. move your SL to breakeven.
Cheers.
Note
Updated View On XAU/USD (21 June 2019) Gold is on the rampage rise and it has triggered tons of short positions stop loss.
It also had broken/touched a strong level of $1,400 level.
Look at the blue trend line of recent days. It is almost at 90* rise and it may bring in some pullback.
It is advisable to stay long side but if you are thinking of entering, I suggest you can wait for a little longer to go in at the better/lower price.
Telegram: t.me/sonictraders
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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.
Telegram: t.me/sonictraders
Related publications
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.