Gold Spot / U.S. DollarUpdated BUY GOLD NOW!!
At night, gold still looks at the 2530 line, firmly bullish, falling back is just a better rush, k line has always held the 2500 line, this position is obviously a wall of iron wall like existence
The bottom of the golden hour line is still the sun line, even if it falls back, but still holds the position of 2500, still maintains the bottom sun line, still has a strong hemostasis, the downward running of the average line is obviously pressed the pause button, there is an obvious upward running, the k line still stands the average line, more, 2506 can be more
Investment strategy:
Gold 2506 +, stop loss 2495, target 2535
The bottom of the golden hour line is still the sun line, even if it falls back, but still holds the position of 2500, still maintains the bottom sun line, still has a strong hemostasis, the downward running of the average line is obviously pressed the pause button, there is an obvious upward running, the k line still stands the average line, more, 2506 can be more
Investment strategy:
Gold 2506 +, stop loss 2495, target 2535
Trade active
Gold is likely to make a new all time high again. This usually happens with commodities and stock, more speculations happen right after prices makes a new ath and hence price making a newer ath again. Then a massive sell off.
We haven't broken the recent ath yet but there are higher chances we can break it tomorrow.
Here is where to get in, I think price will like visit the imbalances it created in price action right before it broke the previous ath for another boost to the upside. That is where I get in the market.
Trade active
Are you ready for your profit plan? The recent market fluctuations are large, if you trade alone, you will face more risks, if you are not completely sure, maybe burn your account, if you want to avoid such risks, contact me, I will help you!Trade active
A bounce from support is forming
Gold is heading towards resistance at 2531 from which a small correction may follow
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.