Gold opportunity to next trend
Alternatively, a convergence of the Fibonacci 38.2% on one-day and the middle band of the Bollinger on 4H, close to $1,945, guards immediate recovery of the Gold Price.
Following that, the Pivot Point one-day R3, 100-day SMA and Fibonacci 161.8% on one-day, will act as a tough nut to crack for the Gold buyers around $1,955.
It’s worth noting that the Gold Price run-up beyond $1,955 will enable buyers to aim for an area comprising multiple hurdles marked during May and July, around $1,985.
Gold buy now 1930
Buy limit 1924
Target 1935
Target 1950
Sl 1918
Following that, the Pivot Point one-day R3, 100-day SMA and Fibonacci 161.8% on one-day, will act as a tough nut to crack for the Gold buyers around $1,955.
It’s worth noting that the Gold Price run-up beyond $1,955 will enable buyers to aim for an area comprising multiple hurdles marked during May and July, around $1,985.
Gold buy now 1930
Buy limit 1924
Target 1935
Target 1950
Sl 1918
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.
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.