GOLD https://www.tradingview.com/x/cONMK4Ps/
This week is very critical for GOLD. After reaching to 3,200 and going back to 3,438:
The Critical price Value is 3,370-3,378.
As long as the price stays above mentioned price it will moves up and the exact values are shown on the chart. In addition, as long as the price stays below the critical point it will provide a higher probability to retest 3,168 or even lower (3,085), after creation of double TOP based on Daily Time Frame.
Note: This publish is to provide you a wider understanding on how gold will react next coming days, do not trade based on the mentioned values,
Regards
Trade active
Hello Everyone How was your trade, hopefully you got a benefit from my analysis. It was such a crucial week for GOLD.
As we expected after creation of double TOP based on Daily Time Frame the Gold Hit all three Targets: 3,288, 3,218 and 3,168. We mention 3,168 or even lower (3,085) as it reached to 3,120.
I will keep you updated with next publication.
feel free to leave a comment
Good Luck
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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.