[GOLD] Wait to long at around 1230
Gold price fell from strong resistance last Friday and is approaching to vital support at around 1230.
Long position is suitable if the price falls back to 1230 region. I would expect more risk events happen during the day, plus DXY has been to the highest that we might see some level of retreat.
Long position is suitable if the price falls back to 1230 region. I would expect more risk events happen during the day, plus DXY has been to the highest that we might see some level of retreat.
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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.