Gold in line with my expectations. Target 1935's??
Updated
Great week so far for us trading gold. After the clear H&S pattern. Gold fell deep around 500pips. So my previous analisys was on point. We reached our targets. My expectations on gold is itwill fall again. Testing the lower support levels 1952 and 1947. My longterm target is around 1935's. From here we can expect a big bullrun again, we must see how priceaction is forming around that level before entering the trade.
Resistance: 1964, 1976,1992, 2009, 2022
Support: 1953, 1947, 1932
Resistance: 1964, 1976,1992, 2009, 2022
Support: 1953, 1947, 1932
Note
GOld big fall as expected. If you followed congrats. 1935's is still the zone were i am waiting for...
Related publications
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.