GOLD Gold prices started the week on a positive note and looks set to bounce slightly on Friday from the 1,915$ region, or the lowest since March 16. GOLD trades around the 1,930$ region. , up nearly 0.35% on the day, despite lack of follow-up and still below the 100-day SMA.Gold price demonstrated a severe decline after breaking out of the Descending Triangle, which is a volatile narrowing chart pattern, formed on a four-hour scale. The breakdown of the aforementioned chart pattern is followed by wider ticks and high volume
Gold price saw selling
GOLD pressure around the 1918$ level during the European session. The precious metal's short-term pullback is over and it is expected to fall back to the intraday low at 1915$Gold will bounce slightly around 1932. For sure I expect a short in 1931-1934. My expectations will be around 1918$. This week I believe will be volatile, but let's unite to win together
Stop loss around 70pip for each trade signal. Happy new week everyone
Trade active
SELL 1933 => 1929. +40pips✅✅YEAHHH✅Trade active
Round 2SELL 1933 => 1927. +60pips✅✅BIGWIN✅
Trade closed: target reached
SELL 1932=>1932. +100pips✅✅✅
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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.