The trend is long on the weekly, daily, and 4hr charts.
-Dly 21 held as support.
-Fundamentals - USD inflation may increase. Gold is a haven when or if risk-off occurs.
-Look to buy at Tokyo from the 1st area, then if we fail to make a HH, then price may make a deeper pullback to the 2nd area that I have indicated.
Targets are calculated using Fibonacci extensions depending on where price holds and extends from.
This is just what I am doing and not financial advice!
-Dly 21 held as support.
-Fundamentals - USD inflation may increase. Gold is a haven when or if risk-off occurs.
-Look to buy at Tokyo from the 1st area, then if we fail to make a HH, then price may make a deeper pullback to the 2nd area that I have indicated.
Targets are calculated using Fibonacci extensions depending on where price holds and extends from.
This is just what I am doing and not financial advice!
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.
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.