Trading Plan for GOLD (XAUUSD) Today
GOLD is currently positioned in a key zone where a horizontal supply area has recently been breached, coinciding with a falling trendline. I expect a bearish consolidation to form within this region.
The target for this trade is set at 2592.
However, if the price moves above this zone, the setup will be invalidated.
The target for this trade is set at 2592.
However, if the price moves above this zone, the setup will be invalidated.
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.