Gold Spot / U.S. Dollar
Short
Updated

Gold potential resell zone at 71-76, buy zone at 35-40

I´m giving a high chance for Gold to fall to 2335-40, then rejection upward again. If you decide to trade this plan, do not enter blindly on the entry lines. Entry lines are not a triggers for entering to the trade. It is a place where you should monitor the REACTIONS. If there is reaction, enter, if not wait till market will develop a pattern for entry-entries. If you are beginner, I´m always trying to update trades if-when entry conditions are met. Here or in our group. Wish you good luck.
Note
Approaching to the potential resell zone 71-76
Note
Aproaching to the buy zone, 35-40
Note
Short target triggered, now focus on buy trade.
Note
There is a possibility of rejection downwards in this area 2352-56
Note
Final target for sell trade reached the final target(twice). Do not hurry up with buys, there is a possibility that price will test even 2288-2300.

Disclaimer