The price is moving in a trend channel.
The price also rejected the 1530-1545 zone. Gold needs to break the blue zone and come back for a retest.
From there a buy position can be entered.
For an agressive trading-style pullbacks from the upper channel to the lower channel can also be tradet.
Target is around 1800.
The price also rejected the 1530-1545 zone. Gold needs to break the blue zone and come back for a retest.
From there a buy position can be entered.
For an agressive trading-style pullbacks from the upper channel to the lower channel can also be tradet.
Target is around 1800.
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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.