Hello friends, the support level of 1848 on the hourly chart in Gold is intact so far.
As long as the support level holds, Gold can rally upto 1910 level.
Watch for the downtrend line resistance to break. That will be a confirmation of the long entry.
This is a low risk buy set-up in Gold.
As long as the support level holds, Gold can rally upto 1910 level.
Watch for the downtrend line resistance to break. That will be a confirmation of the long entry.
This is a low risk buy set-up in Gold.
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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.