Still holding horizontal support, Gold has also formed a bullish wedge at the 1935.00 price level along with various reversal candlestick patterns. Seeing as the risk-to-reward probability is very good at this area, I've taken a long position with the first target area being the 1980.00 area....about 1:5RR.
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.
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.