Israel war, opportunity for gold price to increase
Updated
Hi trader, Maria would like to share opinion: XAU/USD
Gold prices kicked off the week with a robust surge. However, this increase occurred alongside diminishing open interest and volume, suggesting that a sustained recovery may not be imminent. On the positive side, there is an immediate obstacle at the critical level of $1900 per troy ounce.
Signal today: 10/10/2023
🌸 SELL 1879-1882 SL 1887
TP: 1870, 1862, 1855
🌸 BUY 1850-1853 SL 1845
TP: 1860, 1868, 1880
Good luck everyone $$$
Gold prices kicked off the week with a robust surge. However, this increase occurred alongside diminishing open interest and volume, suggesting that a sustained recovery may not be imminent. On the positive side, there is an immediate obstacle at the critical level of $1900 per troy ounce.
Signal today: 10/10/2023
🌸 SELL 1879-1882 SL 1887
TP: 1870, 1862, 1855
🌸 BUY 1850-1853 SL 1845
TP: 1860, 1868, 1880
Good luck everyone $$$
Note
The price is trending down slightly towards the 1850 zone
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