Long Gold Bulls may take a nap, and dips would be likely to buyGold trading around 2862/2861
Expectedly gold bullish momentum paused around suggested level 2879 by making high of 2882.xx, it is assumed that bulls may take a dip around 2840/2828 witnessed that is my Sell Goal and from where upon rejection we may witnessed a bounce towards 2865/2882 once again and that my buy goals on dips.
Hence Short and long both possible on right levels like we suggested a sell around 2879 yesterday that worked perfectly well.
I am looking for you feedback and response on latest analysis and wish you good luck on your trading decisions.
Xuusdlong
GOLD SELLWelcome . According to my analysis of gold. There is a high probability of falling today. With the price reaching an important area. Where an upward channel has been formed. Gold failed to breach this channel. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
XAUUSD SELLHi, according to my analysis of the gold market. The market is still in a very negative state. With three descending peaks. And break the bullish flag. . Market only for sale .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Analysis XAUUSDPurchase range: 1779.82
Targets: 1807.53- 1835.24- 1862.65
Stop loss The first goal: the profit to loss ratio is 1: 1 (1752.11)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1779.82(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal