GOLD AT IMPORTANT LEVEL. SELL OR BUY ?
GOLD IS NOW APPROACHING IMPORTANT LEVEL.
1) BEARISH SCENARIO
SHOULD IT CLOSE BELOW THE MARKED IMPORTANT STRUCTURE, ALONG WITH LOW BEING BREACHED TARGET WOULD BE 1301/1286 CMP 1330.9
2) BULLISH SCENARIO
SHOULD TEST THE IMPORTANT STRUCTURE AND FORM A REJECTION. VERY NEXT CANDLE SHOULD OFFER BULLISH VIEW, IF POSSIBLE SHOULD GIVE TRIGGER ON CURRENT OR NEXT CANDLE TO GO LONG.
LETS WAIT AND SEE, HOW GOLD REACTS NEXT WEEK
1) BEARISH SCENARIO
SHOULD IT CLOSE BELOW THE MARKED IMPORTANT STRUCTURE, ALONG WITH LOW BEING BREACHED TARGET WOULD BE 1301/1286 CMP 1330.9
2) BULLISH SCENARIO
SHOULD TEST THE IMPORTANT STRUCTURE AND FORM A REJECTION. VERY NEXT CANDLE SHOULD OFFER BULLISH VIEW, IF POSSIBLE SHOULD GIVE TRIGGER ON CURRENT OR NEXT CANDLE TO GO LONG.
LETS WAIT AND SEE, HOW GOLD REACTS NEXT WEEK
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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.