1- Gold is in uptrend continuously updating its Higher highs and higher lows but is facing strong resistance and bounced back from trendline 3 time.
2- If price break rising wedge downward with momentum then with retest we can sell gold.
3- Potential target is 1870 which is strong support level.
4- Its 1:3 risk/reward trade.
2- If price break rising wedge downward with momentum then with retest we can sell gold.
3- Potential target is 1870 which is strong support level.
4- Its 1:3 risk/reward trade.
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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.