Here in GOLD we sees that we have a trend from the past 2 years in H4 ...... from here i'm focusing on selling it as its aprroxly near to its higher of the trend as well as its RESISTANCE zone too but what if it go on strengthening & breaks the higher then we need to focus on buying...
Also if we see that US are making their economy stable & in this week if it US growth will be seen then GOLD will be sell.........and 1 thing which is that the situation because COVID-19 is bad due to which GOLD is strengthening day by day to reach the highers high again in the History as it was in 2011-2012......
If we talk about the last week the NFP was highly positive due to which it has to go down but how markets react that's really matter but in the same week we have seen such many news in which USD get weak & GOLD carry on strengthening though.
So, after this all i finally mentioned ares of buying & selling ......
I hope you get a better IDEA on GOLD to trade safe in the way to getting Profit.
Also if we see that US are making their economy stable & in this week if it US growth will be seen then GOLD will be sell.........and 1 thing which is that the situation because COVID-19 is bad due to which GOLD is strengthening day by day to reach the highers high again in the History as it was in 2011-2012......
If we talk about the last week the NFP was highly positive due to which it has to go down but how markets react that's really matter but in the same week we have seen such many news in which USD get weak & GOLD carry on strengthening though.
So, after this all i finally mentioned ares of buying & selling ......
I hope you get a better IDEA on GOLD to trade safe in the way to getting Profit.
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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.