GOLD
- In bearish pattern
- I see that it will continue it's bearish move
- DXY is at support level and also long time bearish
- DXY will move upto 102 level and will pressure gold to go bearish
Possible Entry:
GOLD Short Zone: 1934-1939 (Wait for short confirmation on 15m or 30 min candle)
Stop Loss - 1951.00
Take Profit: TP1: 1920.00 | TP2: 1910.00 | TP3: 1903.00
Risk not more than 2% of you portfolio.
Intraday Support Resistance Level.
Pivot Level: 1930.72
Resistance Level: R1:1942.546 | R2:1951.255 | R3:1963.070
Support Level: S1:1947.087 S2:1941.940 S3:1936.109
Support my work with like & comment! Thanks.
- In bearish pattern
- I see that it will continue it's bearish move
- DXY is at support level and also long time bearish
- DXY will move upto 102 level and will pressure gold to go bearish
Possible Entry:
GOLD Short Zone: 1934-1939 (Wait for short confirmation on 15m or 30 min candle)
Stop Loss - 1951.00
Take Profit: TP1: 1920.00 | TP2: 1910.00 | TP3: 1903.00
Risk not more than 2% of you portfolio.
Intraday Support Resistance Level.
Pivot Level: 1930.72
Resistance Level: R1:1942.546 | R2:1951.255 | R3:1963.070
Support Level: S1:1947.087 S2:1941.940 S3:1936.109
Support my work with like & comment! Thanks.
Note
Market is still in the same trend. Move SL to 1932. 1903 level will reach soon.
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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.