Two scenarios for gold to go
Updated
Case A: a small base to build around 47-50 and proceed at least to 1260 where a break must happen to attach 1280
Case B: a deeper correction into 1228-1236 zone and from there move to 1280 on a powerful impulse
Case B: a deeper correction into 1228-1236 zone and from there move to 1280 on a powerful impulse
Trade active
Stop should be moved to B/E by now. Nice move up already around 1.5-2 Rs
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.