🔸Hello traders, today let's review 8hours/candle price chart for spot gold. currently we
are locked in trading range and therefore no clear direction, so I recommend to focus
on shorting high and buying low, details see below.
🔸Trading range is defined by range highs at 1957 usd and range lows at 1910 usd.
premium prices overhead at 1965/1979, below at 1890/1900. Confirmed heavy resistance
overhead. Right now we are trading mid range, no recommended trades.
🔸Recommended strategy for silver bulls/bears. bulls should focus on buying low near
premium prices 1890/1900 USD TP1 1935 usd TP2 1950 USD. Bears should wait and short
from overhead / confirmed resistance at/near 1965/1979 usd TP1 is 1925 USD TP2 1900.
keep in mind this is a swing trade setup, so will take longer to hit TP1/TP2. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
are locked in trading range and therefore no clear direction, so I recommend to focus
on shorting high and buying low, details see below.
🔸Trading range is defined by range highs at 1957 usd and range lows at 1910 usd.
premium prices overhead at 1965/1979, below at 1890/1900. Confirmed heavy resistance
overhead. Right now we are trading mid range, no recommended trades.
🔸Recommended strategy for silver bulls/bears. bulls should focus on buying low near
premium prices 1890/1900 USD TP1 1935 usd TP2 1950 USD. Bears should wait and short
from overhead / confirmed resistance at/near 1965/1979 usd TP1 is 1925 USD TP2 1900.
keep in mind this is a swing trade setup, so will take longer to hit TP1/TP2. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Note
focus on buying low and selling highdetails see chart
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
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💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.