In the coming days, it's likely that the price of gold will reach a new high. We base this expectation on the fact that gold is currently touching a demand level on 1995-1997$ the H1 chart, a level often associated with price increases. Additionally, we've noticed an order block coinciding with a Fibonacci level, which adds weight to our prediction. Keep an eye on these factors as you consider your trading decisions.
Note
XAUUSD : 1997-1995 Stoploss : 1990
Takeprofit : 2010
Note
XAUUSD BUY LIMIT 🌹 1995-93TAKE PROFIT. 1999
TAKE PROFIT. 2002
TAKE PROFIT. 2009
STOP LOSS. 1989
Note
XAUUSD SELL 🌹 1986-1988TAKE PROFIT. 1982
TAKE PROFIT. 1978
TAKE PROFIT. 1975
STOP LOSS. 1989
Note
XAUUSD BUY 🌹 1984-1982TAKE PROFIT. 1987
TAKE PROFIT. 1990
TAKE PROFIT. 1996
STOP LOSS. 1978
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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.