Gold for buying
Updated
The chart indicates that the gold price has completed a correction pattern, and I anticipate an upward trend to continue, aiming for the target range of 2702-2707, as we are still in wave 5.
For confirmation, a close above 2665 is required.
Should the price close below the validation level of 2647, I would expect it to proceed to the 2630-2625 range.
I plan to buy at the current price with a stop loss set at 2647.
For confirmation, a close above 2665 is required.
Should the price close below the validation level of 2647, I would expect it to proceed to the 2630-2625 range.
I plan to buy at the current price with a stop loss set at 2647.
Trade closed: stop reached
stop lose 100 pips
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