TradePlus-Fx|GOLD: further growth
💬Description: The metal continues to gain momentum, and most likely we are dealing with a medium-term positive outlook for gold. Now the price is trading around the 2000 level, which causes great interest among market participants, and where there is interest, there are volumes. Of course, expecting a breakout of this level just like that right away was naive. This requires several attempts.
The idea of going long is the main one, and, in principle, the basis for this has been formed. The current downward movement most likely takes place within the framework of a false breakout. Here, a close above 1996 would be an excellent and safe entry point. The stop loss is small; it is preferable to use a technical stop loss. As a goal, we have a good prospect ahead of us, up to the all-time high of 2070.
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The idea of going long is the main one, and, in principle, the basis for this has been formed. The current downward movement most likely takes place within the framework of a false breakout. Here, a close above 1996 would be an excellent and safe entry point. The stop loss is small; it is preferable to use a technical stop loss. As a goal, we have a good prospect ahead of us, up to the all-time high of 2070.
➖➖➖➖➖➖➖
🚀Thank for your BOOSTS🚀
👇Share your views and FOLLOW US👇
Trade active
Trade active
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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.