Gold has rallied higher since the morning and hasn't seen a correction yet. I'm expecting Gold to hit its head around the 1950 area and to start a downward move to 1931 / the white trendline
If the trendline is broken we might see 1920,1900 and 1888 again. If the market gets rejected at the trendline I expect it to rise to 1965.
Entry: 1948-1952
TP: 1940,1932
SL: 1955
If the trendline is broken we might see 1920,1900 and 1888 again. If the market gets rejected at the trendline I expect it to rise to 1965.
Entry: 1948-1952
TP: 1940,1932
SL: 1955
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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.