As we guys saw on the 1H Frame on the Gold that the price clearly trading in consolidation area between a resistance at the number of 1760-1763 and the support at the number of 1750-1748 and from that perspective we can take sell positions on 1760 and make our stop losses above the numbers f 1767 and also our initial target will be positioned at 1737 at the 1.5 level on the Fibonacci tool
and then we can see the numbers of 1724 as our second target
Use Money management
Fix your Stop loss
Trade Safe
and then we can see the numbers of 1724 as our second target
Use Money management
Fix your Stop loss
Trade Safe
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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.