Gold key levels 20 to 21 October
Updated
Gold key levels for the coming week. 1 hour chart
Ill look for a buy at 2724 , Gold has been in a major uptrend with no sign of retracement.
Gold can have a 100 to 150 pip retracement but can still return bullish.
Always remember the trend is your friend best strategy is to buy at retracement.
For sells ill look to enter at 2716 expecting 2707, 2700, 2698 area.
Ill update this as the week progresses
Ill look for a buy at 2724 , Gold has been in a major uptrend with no sign of retracement.
Gold can have a 100 to 150 pip retracement but can still return bullish.
Always remember the trend is your friend best strategy is to buy at retracement.
For sells ill look to enter at 2716 expecting 2707, 2700, 2698 area.
Ill update this as the week progresses
Note
Running 165 pips on the buy side from 2724 , now waiting for sell level Trade closed: target reached
Closing out new weekly chart to follow
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